Pensions at Risk INPS Announcement Makes Italians Tremble Whats Changing

Pensions at Risk, INPS Announcement Makes Italians Tremble: What’s Changing

The umpteenth announcement of retirement scares the Italians. But what happened this time? Let’s find out together.

The world of pensions is always at the center of various government regulations. This is a subject very dear to Italians, also because it affects our serenity after we stop working. But what is the announcement that has just arrived and is making Italians tremble again?

More changes in the world of pensions – Ilovetrading.it

It does not apply to the Full Length Ladies Room option., this measure we have known since 2022, a change requested by the opposition (Five Star Movement) who wanted a return to the “old mechanism” modified by the recent budget law. The initiatives whose objective is rather to combat the gender pension gap have been confirmed, as have the data on the evolution of INPS pensions, based on the statements made by the majority themselves. There will therefore be no increase for female workers aged between 58 and 59 who have accumulated 35 years of contributions.

News that some politicians disagree with

Leader Elly Schlein’s reaction was harsh: “You betrayed the workers who left Exodus, we will continue to fight for a renewed expansion of the requirements.”

Switch to women’s option – Ilovetrading.it

The problem, however, is finding other resources that would not be needed if, as is the case today, demand was directed towards unemployed women workers, 74% disabled people and carers. The only change is that the retirement age will be raised to 60 and reduced by one year for each child within the two-year limit.

The news for frontline resource allocation is no better. The revaluation of pensions increases INPS expenditure, but salaries, and therefore contributions paid, remain unchanged.

There is therefore a risk that the hole in the INPS coffers will continue to grow. This is an alarm that President Tridico also spoke about during a conference on wage inequality, stating: “This year we already expect a gap of 22 billion due to a payout decided by the budget law and missing revenue contributions.” How long can we look forward to this create gaps?”

Despite the slowdown in price growth, the difference between inflation dynamics and contract wages remains 7 percentage points higher in the first quarter of 2023. The research carried out has revealed wage inequality between young and older people, but also between low- and high-income workers. There is talk of an increase of 19% between 1985 and 2019 for young and old.