Pensions and Maneuver 2025: minimums and young people leaving in the puzzle of adjustments

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Narrow spaces to say the least and public finance constraints made even more rigid by the reform of the EU Stability Pact: making adjustments to the maneuver during its parliamentary navigation will not be easy. Especially in the pension chapter, which appears armored, or almost so. And the majority deputies, called this year to be the first to examine the budget law, know this well. But underground work is already underway to open some passages. And among the pending corrections there are also those on “minimum” allowances and on facilities for young “contributory” people to make access to early retirement easier with 64 years of age and 20 years of payments.

“Minimum” target at 620-630 euros

In the first case, pressure is underway to make the increase in treatment more robust, which in comparison with that provided this year (with an overall higher revaluation than that for 2024 also due to higher inflation) would be destined to rise by just over 3 euros per month: from 614.77 and 617.89, if the 2025 “indexation” is 1% and in any case due to an equalization of 2.2% instead of 2, 7%. The objective of almost all the majority forces would be to rise to at least 620 euros and, in the best case scenario, to 630. But it will not be easy to push through an adjustment in this direction because it would be necessary to make the dowry much more robust for make the allowance of the approximately 1.8 million pensioners affected more burdensome. A dowry currently set at 290 million for 2025 and another 175 million the following year (it was 465 million in 2023 and is approximately 350 million in 2024).

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The obstacle of public finance constraints

It is no coincidence that the leader of FI and Minister of Foreign Affairs, Antonio Tajani, who has always included the increase in low pensions among his party’s priorities, stated in recent days: «as Forza Italia we would like to increase minimum pensions, but we must respect the stability pact that we have extended over seven years.” In other words, Fi is aiming for a further adjustment but is aware that the current, limited perimeter of public finance is practically insurmountable. However, there is also pressure from the unions, who have already put the maneuver in their sights. “During the parliamentary process we will exert strong pressure on the government to create the conditions for minimum pensions to be increased,” said the leader of the CISL, Luigi Sbarra.

The use of the supplement for fully contributory workers

Instead, the League is pushing above all to include in the maneuver that “bridge” between compulsory and supplementary social security for accessing early retirement with 64 years and 20 years of contributions for young people who are fully contributory which was missed in the final stages of the drafting of the text that reached Montecitorio ( as well as the new “silence-consent” for severance pay). To use this exit channel, workers who began working after December 31, 1995 must be able to reach a benefit amount equal to at least three times the social security allowance. Many in the government agreed on giving interested workers the opportunity to use any income from supplementary pensions to reach this threshold. But, in the end, this mechanism was only envisaged for reaching the limit of once the social allowance set for access to the pension for “pure contributors” with 67 years of age and 20 years of payments.

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2024-11-01 20:29:00

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