Pension reform 2021: the dossier is open. After months of uncertainty, the government is back to dealing with social security with the specific intention of exceeding Quota 100.
The solution, it must be said, still seems far away. According to rumors reported by Messenger, the idea is to allow everyone to leave work with 41 years of contributions, regardless of age. It is not yet clear, however, how feasible it is in terms of costs.
QUOTE 41 FOR EARLY WORKERS
Certainly, the unions like the project. More than once the workers' representatives have proposed to extend this exit channel to all, which at the moment it is reserved for the so-called early workers, ie those who at the age of 19 had already paid at least one year of contributions.
EARLY BOARD: CURRENT REQUIREMENTS
For all the others, from 2019 January XNUMX early retirement is accessible only with a higher contribution:
- 42 years and 10 months for men;
- 41 years and 10 months for women.
These requirements will remain frozen (i.e. not subject to demographic adjustment) until December 2026.
PENSION REFORM 2021: THE QUOTA 100 PROBLEM
The other certainty is that, currently, a pension reform is necessary because Quota 100 represents a problem. The Northern League measure allows you to retire at least 62 years of age and 38 of contributions, but so far it has been a failure on all fronts.
THE HOSTILITY OF EUROPE…
Internationally, it has exposed Italy to criticism from the OECD and Brussels: in Europe they are asking why Italy, which has the highest public debt on the continent, should afford the largest pension advance of the whole EU (even five years, given that in 2020 the age requirement to retire is 67 years old).
…AND THE FLOP AMONG THE TAXPAYERS
On the other hand, the Northern League measure was a failure on the domestic front as well: according to an analysis published a month ago on Sun 24 Hours, in June there were 100 requests to leave with Quota 47.810, i.e. not even a third of those received by INPS in the same month of 2019. At the end of the three-year life of the measure, which will expire on 31 December 2021, it is calculated that the accessions will be about half of those envisaged by the League.
The reason? Simple: with Quota 100 you retire without penalties, but in fact those who make the most of the advance pay five years of contributions less, and this entails a reduction of the allowance which can reach 15%. Not really an attractive prospect for those who already with normal retirement will find themselves a check much lower than the last salaries.
PENSION REFORM 2021 COMING WITH THE MANEUVER
Hence the need for a new pension reform, which, in theory, should see the light together with the 2021 Budget law. In the next few days, the government and the unions will meet precisely to seek an agreement on the issue of social security.
AN ALTERNATIVE: QUOTE 102
An alternative solution that has been talked about again in the last few hours (it had already been circulated at the beginning of the year) is to transform Quota 100 into Quota 102: the contribution requirement would remain fixed at 38, while the minimum age for early exit it would rise from 62 to 64 years. In addition, however, there would be a cut between 2,8% and 3% of the contribution amount for each year necessary to achieve the age requirements for the old-age pension (67 years).
Compared to Quota 41, this measure would cost the State about a third less: 8 billion instead of 12 for the first year of application.
