De Luca & Partners

THE MINISTRIES’ COUNCIL HAS APPROVED A FINANCIAL MANOEUVRING WITH CUTS OF ABOUT 24 THOUSAND MILLIONS EUROS

On 25th May 2010, the Ministries’ Council has approved the financial decree concerning the years 2011-2013. Among several and different measures adopted, the main labour related ones are listed below: 
 
       rising of the invalidity’s percentage from 74% to 85% for the grant of invalidity’s allowance; increasing of civil invalidity controls’ plan; review of the procedure concerning the disabled people conditions’ verification, with the control of the health department through proper collegial controls;
 
       introduction of the so called “finestra mobile” or “finestra a scorrimento” for retirement; possibility to retire 12 months after the effective requirements’ accrual for employees of private and public sectors (in spite of the current 9 months); possibility to retire 18 months after the effective requirements’ accrual for self-employed workers (in spite of the current 15);
 
       increase of stock option and bonus’ taxation. The additional rate is 10% of the remunerations that exceed the triple of the pay’s fixed part.
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