The hypothesis of the pension loan takes shape to correct the Fornero reform by introducing greater flexibility in terms of exit. During Tuesday's meeting with the trade unions, the government explained the points in which the project is articulated.
Workers will be able to retire up to 3 years in advance than the terms for the old-age pension, but will have to accept a reduction in the social security allowance.
This reduction will not be the same for everyone, but will change according to the years in advance and the conditions of the worker. For example, there would be a different cost for those who lose their job before reaching the requirements for access to retirement and for those who decide to leave their jobs spontaneously.
The money that the workers will receive as a pension loan from the moment of withdrawal to the maturation of the requirements will be paid by banks. They could also help companies, in case they have decided to reduce staff. The State acts as guarantor for the loan.
When the actual pension is triggered, the former workers will give back loan and interest with small drafts on social security checks. The installments may last up to 20 years. The reduction of the check is therefore not a penalty on the pension amount, but an installment of loan amortization with insurance coverage and a tax deduction on the part of the advanced capital for some weaker subjects deserving of protection.
The installment of the pension loan for those who voluntarily anticipate leaving work by 3 years with respect to the old age it could reach 15% of the pension for the twenty years in which the loan is repaid. In the event that the retiree dies before having repaid the entire loan, the banks they will not be able to claim against the heirs.
The pension advance (Ape) under study by the government will concern next year those born in the years 51-53, to involve workers born up to 2018 in the following years (2019 and 1955).
