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This article was published on 6 November 2015 at 06:36.
The last change is the November 6, 2015 at 08:10.
In early retirement with actuarial adjustment on the check to 63 years and 7 months old, 20 years of contributions and having gained a minimum amount of 1,500 Euros. The introduction of a minimum income (support active inclusion) for the over 55s were unemployed. The recalculation for all pensions pay with retirement income exceeds 3,500 euro and recalculation for the annuities. And, yet, simplification measures for additional contributions and unification of performance. With, finally, a stop to the advantages enjoyed by the fan union leaders.
Here the famous “last reform” of pensions signed by the president of INPS, Tito Boeri, and by the time set aside by the Government . The full text of the proposed policy was published yesterday on the website of the Institute and comes after public appearances in recent days Boer, complete with a more or less explicit criticism of economist Milan for the measures “once again partial ‘on security which have entered into the bill of stability. In the document of 69 pages, entitled “Do not cash but for fairness”, it proposes a range of interventions (16 articles with a lot of technical notes and financial estimates compiled with the simulation model INPS) definitely intended to discuss. As surely did immediately discuss the initiative of Boeri, unprecedented institutional, and that comes at the end of the cycle of technical hearings on maneuver examination of the Senate Budget Committee. Yesterday sources Palazzo Chigi have indicated that the spread of the proposals has been agreed and that there is no “clash” with INPS. A position confirmed by the Ministry of Labour with a statement issued in the evening: ‘Contribution helpful but it was decided to postpone that plan because, in addition to appropriate measures such as flexibility in output, it contains others put their hands in the portfolio million pensioners, with considerable social costs and unfair. ” The output would be decided in the interests of transparency to allow the public to make a proposal that has the character of a systemic intervention and did not reflect poorly on the pension debt. In any case the proposal Boeri will not, at least in toto, that the government plans to present in 2016.
One fact remains certain distance. Just read what he says Matteo Renzi Bruno Vespa for his book “Women of hearts”: “Some remedies offered by INPS Tito Boeri had an equity value – said the prime minister -: you would be charged a fee to those who have had more of the amount paid. It did not seem the moment: we must give confidence Italians. If you put your hands on the pensions of people taking 2,000 Euros per month, is not a maneuver that gives serenity and confidence. For heaven’s sake, maybe it is also right in theory. But the line of this law is trust, trust, trust. And, therefore, do not cut pensions. “
Returning to plan INPS, the first 11 articles contain the package of care (guaranteed minimum income from EUR 500 per month per family) which aims to halve poverty among over 55s that they have not completed the requirements pension. There is a contemporary reorganization of 8 different forms of assistance provided by INPS today and that 30%, or about 5 billion – it is noted in the text – to the benefit of higher incomes. The remodeling, with reduction or withdrawal of the transfer (only 9% of the richest) would affect 15% of the reference population (230 thousand families) allowing you to reallocate at least 1.2 billion (the cuts would come down from the 9th richest decile with a clause safeguard until the 7th).
On the pensions measure-flag is flexibility sustainable output (could affect about 30 thousand people a year in the early years), partly covered with the recalculation of pensions high (over 5 thousand euro per month) and medium-high (3,500 to 5,000 euro) actuarially considered not in line with the contributions paid (about 250 thousand recipients of pension and 4 thousand beneficiaries of an annuity linked to an elected position). This is the “translation rule” of the numerous empirical evidence collected with the operation “INPS open doors” that showed the sharp differences in management between different regulations and checks the value of actuarial balance. The early withdrawal would result in a downgrade media from 3% to 10% a year compared with the requirements of old age through the recalculation of the wage share of the uprights (in the text gives an example of a worker in 1977 that pension offering in January 2016).
In the calculation of the total costs of the measures proposed by INPS are made to consider mitigating factors such as the replacement of the staff of Pa via flexible retirements (which produces savings) or a propensity for early withdrawal less than 100%, or even with the ‘ possible introduction of a limitation period of five years for applications for reunion, redemption processing and calculation of insurance schemes in the school. With these mitigating the proposal Boeri would cost 150 million in 2016, 1 billion in 2017, 2.5 in 2018 and 3 billion in 2019. But in the case of propensity to the withdrawal of 100% (default assumption of the State Accounting Office) costs rise: the only flexible scheme would impose a greater expense to 1.4 billion in 2016, 2.7 in 2017, 3.6 in 2018, 4.1 in 2019. Some covers for flexible output “may be mitigated, however,” is law in the dossier, “in case it is decided to extend the initial deficit, taking into account that this will be offset by lower future deficits.”
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