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Italian pension reform reduces the time required to stop working by five years
The 2019 budget, adopted at the end of December, foresees seven billion euros for citizen income, the main promise of the anti-system 5 Star Movement, and four billion for pension reform, a proposal from the ultra-right League.
Citizen income is intended for five million people living below the poverty line in Italy, with the requirements being Italians, Europeans or foreigners residing in the country for more than 10 years, with at least the last two years continuously.
Five million people and around 1,3 million people fall into this range. The maximum income will be 780 euros per month per citizen, with increases or reductions depending on the composition of the household, for a period of 18 months, in which beneficiaries will not be able to refuse more than two job offers.
The Supreme Court reaffirmed: citizenship is born with the person.
- New legal front opened
- Processes can still be filed.
- Individual assessment before any decision.
The Social Security reform, called “Quota 100”, will allow retirement at age 62, with 38 years of contributions. Current law requires a minimum age of 67.
The government estimates that 355 people will be able to make this option from 2019 onwards, including 130 civil servants, and hopes that the measure will pave the way for more young people to enter the job market.
— This government keeps its promises — celebrated the head of government, Giuseppe Conte, during a press conference alongside deputy prime ministers Matteo Salvini (League, extreme right) and Luigi Di Maio (5 Star Movement, anti-system).
— The council of ministers decided to found a new welfare state — said Di Maio.
By O Globo Agency
