Tuesday, May 24, 2016

Pensions, Matteo Renzi rediscovers consultation. Poletti and Nannicini see the unions, all the measures on the table – The Huffington Post

Launch a sign of peace to the unions for not opening new battle fronts and in the meantime continue working on the various cases of measures to be included in the October maneuver. It seems that the road taken by the government today, with the Minister Giuliano Poletti and Undersecretary Thomas Nannicini, came back to sit at the same table with the unions to talk about pensions and work. A first meeting of the Interim Accord, which, however, takes place after two years of freezing and then to his ‘old’ way of this government, given also the fiery words of Prime Minister Matteo Renzi on unions and definition of not too long ago.

More than a few, even in the majority, they read the vertex to the Ministry of Labour as a Renzi move to launch, in view of the administration, but especially in view of the referendum, a message of peace to the left also dem, with which it has arrived again at loggerheads, most recently after the words of the Minister Maria Elena Boschi on partisans. One way, then, to avoid as much as possible both internal friction and external view of the majority in two rounds so delicate and important to the polls.

The words of Matthew Renzi at RepTv were clear: “We do not think that consultation is a security blanket which is impossible to do without – he said – If there is, we are happy if we can engage and dialogue with the categories, we are here. we are not ideological. we are ready to make the arrangements. ” Of course, at the summit the prime minister was not there and the meeting was not held even in the most representative room of the Chigi Palace Green, noted some parliamentary. Nannicini, is in Renzi, did not say a word and did not provide any paper on the assumptions the government study on pensions, jobs and welfare. Merely to listen to the proposals of the trade unions and that was enough because Cgil, Cisl and Uil still welcome him with cautious optimism this unprecedented openness of the government.

Cautious optimism because, as the government has not said Susanna Camusso “we are still in the headlines, is not no figure was made, he explained its proposal, the Bee has not even been appointed. He listened and we made our agenda. ” Agenda that will now be drawn up with a verbal and then will be addressed more specifically in the two tables that will open soon: one on the issue of pensions and one out of work.

The measures which will be discussed are flexibility in output, cut the tax burden, but also unemployment benefits, vouchers, situation of call centers, INPS governance, productivity bargaining. Poletti The Minister made it clear that the stakes on interventions for the Government are those of budgetary constraints and then warned: “The government has its own responsibilities but I hope in the sharing of trade unions on the various issues, otherwise they will take their responsibility.”

While the Ministry of Labour grew a mere list of “securities” not too detailed on the next steps in the field of pensions and work, Renzi has returned, as it does for weeks, to publicly announce some measures to the study palazzo Chigi in view of the budget package. “The real challenge – told RepTv – is whether we can give a pension advance, the Bee, who has to wait for the Fornero law, those who retire before should give up anything, we’ve set ourselves the next time stability Law”.

On this front, we study different measures of access to retirement for those three years the age of retirement (the class of those born in the years ’51 -’53 for 2017) are unemployed or work in companies in crisis or workers who voluntarily decide to bring forward the release. For the latter category should be a penalty on the check annual pension of nearly 4% per year and the early withdrawal should be guaranteed by a bank loan then returned with a cut on the check directly by INPS pension. More favorable conditions should instead be studied for long-term unemployed and for those who have exhausted unemployment benefits while for workers in companies in crisis who are at risk of losing their jobs should be studied a mechanism that imposes a contribution to the company. As part of the pension loan facility the government is assuming even enter the degree ransom, taking advantage of a part of the bank loan and untying the ransom from the current salary, thus reducing the burden.

The work on the so-called Bee, however, to be realized in the next Stability Law, is expected to cost about 1 billion. And a warning about this coming from Clemens Fuest, president of the authoritative German think tank Ifo, that “greater flexibility in output for pensions must be offset by penalties on checks ‘large enough’ to avoid risks to the Italian public accounts due the increase in social security spending. ” A warning that comes a day after the IMF’s assessment, while approving the many reforms put in place by Italy, has warned us about keeping our accounts and on a recovery of the economy shifted to 2020.

Returning to the measures the government study on which there should be a confrontation with the unions in the coming weeks, Renzi is back to talk about reducing the tax burden on the middle class and the lowest pensions. As for the latter hypothesis in the study is the extension of the 80-euro bonus, so far secured for employees with incomes up to € 26,000 a year. Extend the bonus to the minimum pensioners would still be a very expensive intervention because retirees who take numbers less than the minimum treatment (502 euro) are about two million (about 16.2 total). It would therefore considering 13 months of an intervention of at least two billion a year.

As for the cut in the tax wedge, the government is studying an intervention not easy for a structural cutting wedge on businesses and even on workers. There are two ways to go, alternative views of the few resources available: predict a cut of a point of the second and third-rate personal income tax (cost 3 billion euro) or a cut of the contributive share of labor costs. On this point one could intervene with a structural cut of 4-6 points of the contributions of new hires (cost 1.5 billion) to be shared between the company and the employee, or a structural cut of all permanent contracts, perhaps by cutting 3 percentage points on the worker’s share (9% today to about 33% total). An intervention that would cost still much, perhaps too much. Last guess is the extension, for 2017, in light of the current decontribution format to postpone the structural shear 2018.

Among the hypotheses emerged to find resources there to use 3 billion already committed to the IRES cut expected in 2017. on this, however, the deputy minister Enrico Morando is hesitant: “acting on the tax wedge on labor and enterprise, means acting on business income – says – But this we have already done with IRES. the reduction of IRES from 2017 is the law of the State, yet it is there and it is assumed in the public finance balances. now it is so and not imagine that we will change, in any case to date is a decision made. the budget under current legislation suffers 3 billion euro to cover the reduction of IRES, if we decide not to do it more naturally recover three billion but we must change the law and decide not to do it more, which seems a bit ‘challenging. “

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