Tuesday, October 20, 2015

Pensions, 1 of 2 below one thousand euro and INPS: reform is needed – BBC



Milan , Oct. 20, 2015 – 12:09

     
     
 

In the law of stability in terms of pensions, there are only” partial and selective interventions which create asymmetries of treatment ‘would be desirable and “important” to “the last reform.” The critical maneuver to arrive by the president of INPS, Tito Boeri, at the presentation of the social relationship of the institute. “Adjustment and small reforms there have been many, unfortunately this is not the last pension reform: there are selective interventions, which create asymmetries partial treatment, presumably, in the absence of corrective measures, will push to further partial measures, including the other very expensive. ” “I hope – he continued Boeri – 2016 is the year of an organic, structured and definitive pensions. An intervention that it contains forms of flexibility that are possible. ” According to the president of INPS, is expected to have a limit flexibility in pension only for the private sector because “the public sector needs a rotation and staff.”



The position Poletti

Labour Minister, Giuliano Poletti, would not comment after the intervention of the Boers, but upon entering the Institute for the presentation of the budget, had It reiterated that the bill stability “is good and socially skilled” and “there are no significant reasons of controversy.” “We would have liked – he said – that 2015 was the year of the last pension reform but will not be so. You have chosen to make partial and selective interventions to lower costs. But it will not because there will be a request for extension of these measures. We hope that in 2016 there is an organic, structural and permanent. ”

The esodati

In 2014 and the first nine months of 2015 due to the retirement of safeguards on workers esodati 45,000 people, said the president of ‘ INPS. For the six safeguards so far approved (170,000 people expected the audience) has been allocated 11 billion.

The early retirement

The squeeze on retirement decided by Fornero law in 2011 is being felt on the new checks. In the first nine months of 2015 nearly doubled compared with the early retirement age of retirement fund employees (73,408, + 87% over the first nine months 2014) after a decline in recent years linked to the increase in requirements (42 years old and 6 months for men, 41 and 6 months for women). Overall (including autonomous and semi-subordinate) retirement pensions paid in the first three quarters of 2015 were 109,000. They decreased, if you look to the Fund employees, instead the new old-age pensions (from 32,511 to 28,621), while it increased the average age at the inception date (for 65 years of the first nine months 2014 to 65.3). For retirement pensions, the average age increased from 59.7 to 59.8 years

The check

Nearly a retired two, 42.5%, or approximately 6.5 million people, receives an average retirement income of less than one thousand euro monthly . Among them, 12.1% do not get to 500 Euros per month. This is what we read in the 2014 INPS social report, according to which classes of amount lower focused women. Of the 15.5 million pensioners, 724,000, or 4.6%, have an average monthly income of over 4,300 Euros. The average income is lower for retired persons residing in the South: 1,151 Euros; North to go up to 1,396 Euros, while the Centre will get to 1,418 euro.

The 70 to 79 are the most numerous

The age group most numerous among retirees is that of 70-79enni, with about 5.3 million people, with an average monthly pension income of 1,339 Euros, followed by the class immediately following the over-80s who are about 4 million and have an average monthly income of 1,297 Euros. The class of 65-69enni consists of nearly 3 million people, with an average monthly pension income of 1,464 Euros, while the class from 60 to 64 years belong 64 1.7 million people with an average monthly income of 1,547 Euros. Retirees under 60 years have a total of around 1.6 million.

Spending

This amounted to 268.817 billion total gross expenditure in 2014 for pensions, up 0.6% to 1.679 billion, compared to 267.138 billion in 2013. In 2014 the Institute spent pensions 20,920,255, including 17,188,629 social security pensions, ie invalidity, old age and survivors, about 243 514 000 000 to EUR 3,731,626 and welfare pensions, mainly pensions and social allowances and transfers to disabled civilians, to 25.303 billion. Last year the new social security pensions paid amounted to almost 560,000, a decrease from the previous year in the number, the amount to be paid out.

October 20, 2015 (edited October 20, 2015 | 19:26)

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