Thomas Nannicini: “richer for low pensions Fourteenth” – The Huffington Post

To support the retirement income adequacy “it could be considered to raise the maximum income threshold of the fourteenth, or make the most generous allowance. The political decision is not for me but this tool has the advantage of being simple, drawn on a range of people who really need help. ” So Undersecretary to the Prime Minister Tommaso Nannicini.

Speaking to Corriere della Sera at the end of the first round of meetings with unions on pensions and work, Nannicini explains that social partnership “is not a ritual but a tool you need the policy to take its decisions independently. “
as for sharing,” it is desirable but it is not an end in itself. ” On the issue of early retirement, to extend from three to four years away from retirement “is one of the comparison objects. It is important to note that the flexibility in output can not be free”, he stresses. The proposal, like others, “has a fixed cost for each year in advance”, but “we can modulate this cost with a tax deduction that helps individuals worthy of protection.” The penalty will be “in the order of 1% per year. The cost – it adds – will also be reduced for those who are under strong need: low income and on capital, or because it has a disease that does not allow him to go ahead with the job. “

flexible redemption Speaking of graduation,” is one of the topics of discussion, but there are others that deserve more attention, like the costly ricongiunzioni, “says Nannicini. “Italy is one of the few countries in the world linking retirement age to life expectancy,” which “is much higher for graduates” and therefore “there is already an implicit redistribution in their favor.”
on the presence of a cut in the tax wedge in the law of balance, “first we have to complete the reduction of the discount of contributions for new permanent contracts. It’s been 36 months to 100% in 2015, 24 months to 40% quest ‘ year. in 2017 could last 12 months with a rate below 40%. at that point – says the Secretary – structural intervention on the tax wedge would take effect with the next year’s Budget law. “

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