Share

Guarantee pension for Millennials? Government and trade unions want to avoid derisory pensions for young people but money is scarce

The future guarantee pension for young people who have experienced long periods of unemployment and precariousness and have low contributions will be one of the hot topics of Wednesday's meeting between the government and the trade unions

Guarantee pension for Millennials? Government and trade unions want to avoid derisory pensions for young people but money is scarce

The risk of negligible pensions can be avoided for the Millennials, i.e. for the generation of young people born between 1980 and 1994 who have often experienced long periods of unemployment and precariousness, accumulating a contribution amount that threatens starvation pensions? It has been talked about for years based on the fact that it gives Dini reform of 1995, pensions are no longer calculated on the basis of salary but on the contributions actually paid for those who started working on 1996 January XNUMX.

Alarm from the Court of Auditors on the low contribution amount of forty-year-olds

Today the knots are coming to a head and the chapter of the Report of the Court of Auditors on public finance dedicated to forty-year-old workers, 28% of whom have a gross salary of less than 20 euros per year and therefore a contribution amount that does not bode well for when they retire. This is why the pensions of Millennials will be one of the hot topics of Wednesday's meeting between the Minister of Labour, Marina Calderone, And sindacati. Cgil, Cisl and Uil propose one guarantee pension for those who started working after the Dini reform of 1995. This contributory guarantee pension should – explains the trade union platform – be “connected and possibly graduated with respect to the number of years of work and contributions paid, which also considers and values periods of unemployment, training and low wages to be able to ensure everyone a decent pension, also through general taxation".

A guarantee pension of 450 euros per month? The objective is sacrosanct but the resources are lacking

But how much should a guarantee pension be for today's forty-year-olds who have low contributions due to unemployment and the precariousness that has characterized their working history? In recent years, an allowance paid by the State was assumed not less than the social allowance and such as to be worth 450 euros per month with which to supplement the contributions accrued. However, the problem has become more complicated with the growth of inflation, which - according to what Corriere della Sera writes - "has cost around twenty billion euros just to index pensions in 2023". Basically, the goal of a guarantee pension for the most disadvantaged Millennials is sacrosanct, but today – it is always the Corriere to support it – “the resources there aren't” or there aren't enough. This is why more affordable solutions are being studied, such as incentives for supplementary pension or “the enhancement of figurative contribution for study periods. We will see Wednesday in the meeting between the government and the unions but it is good news that the workers' organizations are finally dealing with the precarious future pensions of young people and not just with anticipating the retirement of those who are already close to leaving work.

comments