The pensions yard always open. Quota 100 announces battle in Parliament. But there is also a problem of perspective. Which concerns not only the after Quota 100, given that at most the measure will expire at the end of 2021, but also the sustainability of the social security system because, as explained by the latest report on social security itineraries presented yesterday, the estimates made so far by the General Accounting Office of the State on the evolution of pension expenditure in relation to GDP, they are optimistic in light of the prolonged stagnation (while the scenarios of the Rgs assume average growth rates close to 1.5%). Criticisms that are not unfounded, so much so that even the chief treasurer of the Treasury, Riccardo Barbieri Hermitte, who intervened in the debate, has made it clear that the next forecasts will be reviewed for the worse, in light of the unsatisfactory trends in productivity, birth rate and migration balance. It would therefore be urgent to intervene, the experts agreed (from the president of the CNT Tiziano Treu to the economist Paolo Onofri to the president of the itineraries, Alberto Brambilla) to avoid that within twenty years the expenditure will sketch well above the peak of 16.2% of the GDP envisaged by the Rgs and approaches the estimates of the EU (18.3%) or of the IMF (20.5%). But let's go with order.
Italy lives against early retirement
Yesterday the living national coordinator of Italy, Ettore Rosato, confirmed that Matteo Renzi's party will present amendments to the maneuver against Quota 100. But the 5 Stars, with Labor Minister Nunzia Catalfo, raise a wall: I completely exclude changes to the rules which allow for retirement at the age of 62 with 38 contributions, he reiterated, responding to those who assumed that the resources could come from here to remove the plastic tax and the increase in taxes on company cars, as Italy would like Viva. Not only: Catalfo proposes that the savings on Quota 100 (more than a billion this year) are used to strengthen the indexation of pensions. From the Pd, the Undersecretary of the Economy Pier Paolo Baretta, presenting the Report on social security itineraries, explained: The government has decided not to touch Quota 100, also so as not to create controversy in the majority. And in this sense also excluded any intervention on the windows in 2020. The executive therefore should oppose both the amendments that request the early termination of Quota 100 and those that would like to increase the waiting period, the windows precisely, between the maturation of the requirements and the effect of pensions. This for, added Baretta, does not mean that Quota 100 does not create a big problem for us, both because it costs so much because the government does not intend to extend it and therefore, if nothing is done, by 2022 there would be a grand staircase, because we could not more to retire at 62 but you should wait 67. That is why, in January we will open a table with the social partners to study new forms of flexibility.