A smash now elderly: foresight. At the annual meeting of the National Association of Insurance Companies, which took place in Rome yesterday, President Fabio Cercone's finding in its report some considerations on the status of supplementary pension schemes in Italy, pointing out, however, the need to "give greater flexibility the system, recognizing a right of withdrawal for a certain period of time after the initial transfer of the TFR to a pension form, "because" this can help reduce the reluctance of workers to devote the severance pay. " Reluctance stems from the impossibility of the employee to return on their steps: the destination of the indemnity provisions of the supplementary pension, in fact, is not revocable, conversely, the choice to keep the amounts allocated to severance pay from the employer may be, in any case, termination. Food for thought about the condition of the survivors had already emerged on June 24, when presenting the annual report, the President of the Commission for Supervision of Pension Funds, Luigi Scimia, had suggested the need to raise the supplementary pension system, because, despite the numbers indicate a degree of growth, the results reveal themselves, de facto, yet modest. Indeed, according to data collected by Covip, In April 2008 the total number of workers stopped to 4.7 million subscribers, including 700,000 subscribers of individual insurance plans (old Pip). However, if we consider that individuals are entitled to 12.2 million (net of domestic workers), members of the audience seems to be filling slowly. The rise of pension funds members in 2007 also stood at 43.2% over the previous year (3,184,224 in 2006 and 4,560,091 in 2007), while in the first quarter of 2008 was an increase 2.8%, with the arrival of 130,000 new entrants, but in reality the figure indicates a significant slowdown. In order to provide this failure or take-off, however, to revive the supplementary pension, Luigi Scimia has proposed a number of interventions designed to broaden the participation of employees: faculty of rethinking and reducing taxation on returns. For its part, Labour Minister Sacconi, who yesterday spoke to the assembly ANIA, agrees with Cercone and Scimia about the implementation of measures to make the reversible transfer of the TFR ("within certain limits, compatible with the need for stability), engaging in what could become the second pillar of the pension fund. In this way, the survivor "should encourage - said the minister - those workers, 75%, which so far have kept the company in severance pay, to make a choice in favor of the supplementary pension. " Sacconi, however, declares himself against the possible provision of tax relief (currently tax on return on equity is 11%) because, although aware that "changes in the private component of the security will be undertaken with more and better Use of fiscal incentives, "believes that it is" easy to talk about it now because the use of fiscal incentives have a cost to public finances "Also, Minister of Labour said it wanted to start up a dialogue with social partners on portability of the contribution of the employer, "that would produce greater competition, better management of those funds and the consequent reduction in costs of pension schemes' In this regard, Article. 14 (paragraph 6) of Legislative Decree no. 252/2005 provides that, after two years from the date of participation in a supplemental pension, the worker can transfer the whole of the matured amount to another pension plan, but as regards' possible contribution from the employer, this right of transfer may be exercised within the limits and in the manner prescribed by the contracts or collective agreements, even corporate. " In practice, the worker is available to the employers' contribution only if the collective agreement expressly provides for the possibility of portability contribution mentioned above, otherwise runs the risk of losing it. Furthermore, it should highlight the lack of harmony with the principle of this rule and guiding principle of delegating law (the so-called Maroni reform), which aims to "eliminate obstacles to the free movement of workers and membership in the system supplementary pension (Article 1, paragraph 2, l. 243/2004). A clear limit on the liberalization of the pension choices of citizens. Alessio Maniscalco
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