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Pensions: the Fornero law reduces spending by 20%, but the League wants to dismantle it and is still pressing for Quota 41

A clear message emerges from the accounts of the General State Accounting Office: changing the Fornero law substantially risks bringing chaos back to the pension budget

Pensions: the Fornero law reduces spending by 20%, but the League wants to dismantle it and is still pressing for Quota 41

Reform the Fornero law on pensions is a central point in almost all electoral programs, because 102 quota it expires at the end of the year and the parties (from the Brothers of Italy to the Democratic Party) recognize the need to increase exit flexibility. The question is more delicate than ever, because, according to the calculations of the State General Accounting Office, the rules signed by the Piedmontese professor guarantee a reduction of pension expenditure by 20% until 2060. The message is clear: a new intervention that would loosen the constraints in an ill-calibrated way would increase public spending and risk endangering INPS accounts, which had been painstakingly secured.

The accounts of the General State Accounting Office

In particular, in its latest report on pensions, the Accounting Office points out that the reforms launched since 2004 have generated "a reduction in the incidence of pension expenditure in relation to GDP equal to approximately 60 percentage points cumulative in 2060. Of these - we read still in the document – ​​about a third is due to the planned interventions” with the Fornero law of 2011.

The impact of Quota 100 and Quota 102 on the accounts

On the contrary, continues the Accounting Department, the exceptions introduced in recent years, such as 100 quota e 102 quota, have led to "an increase in spending and a downgrade in the process of raising the requirements for access to retirement, producing further higher costs equal to an average of 2019 points of GDP per year in the period 2034-0,23".

But the League insists on quota 41

However, the warning did not catch on Alloy, which, in agreement with the unions, is pressing for the introduction of the so-called 41 quota, which would allow you to retire with 41 years of contributions, regardless of age. According to the INPS, such a measure would cost four billion in the first year, but the Carroccio disagrees, arguing that the necessary resources would not exceed 1,3-1,4 billion euros. Money that, according to Matteo Salvini, could easily be recovered “with a review of the basic income, putting the money back into circulation”. Then, possibly, there would be the protests in Brussels to deal with.

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