Pensions and Quota 100, the flop confirmed. Applications far below expectations, € 10 billion saved

Applications for retirement with the Quota 100 system (sum between age and years of contributions, ed) accepted between 2019 and 2021 were just under 380 thousand for an actual expenditure – final balance up to 2021 and projected from 2022 to 2025 – of approximately 23.2 billion. It can be read in a study by Inps and of the Parliamentary Budget Office presented today according to which the number of applications is “well below those expected” and the amount is “less than about 10 billioni compared to the 33.5 allocated by Legislative Decree 4/2019 ″. According to the study, it will be possible to reach the end of 2025 with the people who have completed the requirements and who apply later 450 thousand people. The leader of the League Matteo Salvinione of the main supporters of the measure launched with the yellow-green government had said that Quota 100 would send him into retirement “A million people”.

Out of 379,860 applications accepted – the study reads – 186,298 are private employees, 119,320 of public employees and 74,242 of self-employed. Men are the 68.8% of the total and women 31.2%, less than a third. However, women represent 55.3% of applications accepted in the public sector, 17.1% of those of the self-employed and 21.4% of those in private work. The figure is linked to the greater presence of women in the public and the discontinuity of careers in the other two sectors. On average – according to the study – the self-employed receive € 1,376 gross per month (1,088 women and 1,436 men), private employees 2,088 euros (1,651 women and 2,206 men) and public employees 2,161 euros (2,079 women and 2,262 men). The differences between employees and the self-employed reflect lower average earnings from work and the lower contribution rates of the latter. The overall average of the gross monthly allowance is 1,971 euros (1,829 for women, 2,035 for men). Workers who came out with Quota 100 had one average reduction for each year of advance of 5.2% if public, 3.8% if private employees and 4.5% if autonomous with respect to early retirement with 42 years and 10 months of contributions (41 and 10 months for women).

On average, the advance of Quota 100 with respect to old age or early retirement with 42 years and 10 months of contributions (41 and 10 for women) is 2.3 years. 46.8% of the applications accepted are from people with 62 years of age. The average age at the start was just over 63 years old. The average seniority with which you leave is equal to 39.8 years of contributions for men and 39.2 for women, for an overall average of 39.6 years. “The concentration of outgoings around 62 years of age and 38 years of seniority – we read -“ highlights the tendency, among those who have resorted to “Quota 100 ″, to retire at the earliest opportunity”. Quota 100 – explains the study – was mainly used by workers in business: it was used for about 71% for leave work in progress, for 13% from “silent”, for a further 13% from subjects in working difficulties (shock absorber earners) and for 3% from voluntary prosecutors and subjects in other conditions. Applications accepted as a percentage of employment in the sector of origin are 0.4% in the private sector and 1.3% in the public sector.

In the first five months of 2022 Approximately 3,860 applications for retirement were received by INPS with Odds 102 (64 years of age and 38 of contributions) of which 58 per cent from the public sector and the remainder from the private sector. It can be read in an INPS-UPB study on Quota 100 which explains that at the date of closure of the work only 772 applications were processed – 20 percent of the total – and about half of these were accepted.

The reactions – The dynamics of pension spending, the state of public accounts and the current macroeconomic context suggest the need for extreme caution in the recourse to new debt. This was stated by the president of the UPB, Lilia Cavallari intervening in the presentation of the data, adding that “any new measures aimed at reducing retirement requirements will have to find adequate coverage “. “Quota 100 turned out to be a provision marginal and temporarywhich only involved one third of the people who had acquired the right and has left the pension prospect unaltered for the vast majority of male and female workers ”. He states it Christian FerrariCGIL confederal secretary, commenting on the INPS and UPB study on the measure for early retirement introduced in 2019 for a three-year period. “The 10 billion euros saved on Quota 100, certified today by INPS, allow us to continue introducing one more widespread access flexibility to retirement in the next Budget Law “. This was stated by the confederal secretary of the Uil, Domenico Proietti.

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