In the government we start talking about 102 quota, a mechanism that would make it possible to retire early when the sum of age and seniority with contributions equals precisely 102. The hypothesis has been circulated in view of the arrival today in the Council of Ministers of the Budget planning document, which contains the backbone of the maneuver and must be sent quickly to the European Commission. It is unlikely that the actual text of the budget law will also arrive on the table of the CDM, which should be examined in the coming days.
Quota 102 could be a compromise to solve one of the most sensitive problems from a political point of view, i.e. the overcoming of 100 quota, which allows you to retire early with at least 62 years of age and 38 of contributions. The measure desired three years ago by the League will come to expires on December 31st this year and it will not be renewed. There are two main reasons: first, Brussels and the OECD have long been asking for its cancellation for financial reasons; second, the Italians used this exit channel much less than expected (just 380 thousand people against the million estimated in 2019), because, in the case of a maximum advance, it involves a significant cut in the check.
Now, no party wants to be accused of simply having restored the Fornero law (which, apart from the propaganda, has never been abolished and for ten years has continued to determine the retirement of almost all Italians). So the government has to invent a new mechanism that increases flexibility in leaving, is attractive for those who want to retire early and at the same time is acceptable in Brussels.
Quota 102 is precisely one of the hypotheses on the technicians' table, but the team does not seem to like it Alloy, who wants to loosen the constraints even more, nor al center left, which instead aims at a more selective solution in support of women and those who carry out strenuous jobs. Then there is Italia viva, which is asking to save on pensions to invest more resources on tax cuts.
NOT ONLY QUOTA 102: THE PROPOSAL OF THE PRESIDENT OF INPS
Another possible path is the one indicated by the president of the INPS, Pasquale Tridico, who in recent days presented a proposal for exceeding Quota 100 in the Labor commission in the Chamber. The system is quite complex, so we summarize it with a diagram:
To retire early you must respect these requirements:
- Registry age of 63 or 64 years.
- At least 20 years of contributions.
- Mixed pension, ie calculated in part with the contribution system (you take what you pay) and in part with the salary system (the amount is linked to your last salaries).
- Future pension equal to at least 1,2 times the social allowance (620 euros).
However, the pension is collected in two stages:
- immediately the contribution part;
- the rest (i.e. also the remuneration part) only once the age of 67 has been completed.
And you have to respect gods constraints:
- before the age of 67, the pension can be supplemented "only partially" with an income from work;
- the pension cannot be combined with Citizenship Income, Ape Sociale or other subsidies.
According to Tridico, in this way it would be possible to send 200 people into early retirement for 2,5 billion euros. But for the State it would be an investment: over time, in fact, the operation would become a source of savings, given that the persons concerned would receive a lower pension than the one they would have been entitled to if they had continued to work up to the age of 67 ( as required by Fornero).
