Insights

The Government and the parliamentary majority which supports it have reached an agreement on some modifications to the reform of labor market to be included in the so called “Decreto Sviluppo”.

Law no. 92/2012, containing “Provisions on the labor market reform in a development perspective”, has been issued on the Ordinary Supplement no. 136 to the Official Gazette of July 3, 2012.

INPS, with message No. 11019/2012, stated that the renewal agreements have not to be registered at the Labor Local Direction (so called “DTL”) for the recognition of the social security contribution reduction applicable on the amounts provided for by the second level contracts.

The Bill of the labor market reform has been approved yesterday at the Chamber: 393 favorable votes, 74 opposite votes and 46 abstentions.

The labor market reform provides a new regulation concerning the loss of the economic treatments for income support, both during and afterwards the working relationship.