Provision for young people

'Interesting initiative', unanimous chorus of parties with an eye on the accounts

Undersecretary Durigon (Lega) is in favour, Fdi and Forza Italia are more cautious. Attention from Pd and 5Stelle who, however, point out the risks of denatality

by Vitaliano D'Angerio

Entrata Montecitorio

3' min read

3' min read

Interesting. To be studied in depth. Without forgetting sustainability for the state's accounts. This is the general tone of politics in the face of the pension initiative of 10 euros per month for newborns launched by Plus24. There is great attention for the possible reform from both the majority and the opposition.

The Majority

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"The proposal of the German government to provide from the age of six until the age of majority a pension contribution of 10 euros per month to be paid when the pensionable age is reached is certainly very interesting if not totally innovative, given that some insurance companies already offer this service privately,' noted Marco Osnato, chairman of the Finance Committee of the Chamber of Deputies and head of the Fdi economy department. As Fratelli d'Italia we look at these measures with attention, but obviously we have to 'reckon' in the true sense of the word with sustainability even in the presence of a deferment of payment when the pension is reached'.

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Maurizio Casasco, who is responsible for the economy and a member of Forza Italia parliament, is also cautious: 'Everything can be done, but always compatible with our budget availability, which is not comparable to that of Germany. However, it is a proposal on which we could also agree because it goes in the direction we want to see structural reforms aimed at securing the future of our fellow citizens'.

One who fully endorses the social security line for newborns is Claudio Durigon, Leghist, undersecretary at the Ministry of Labour: 'We fully support the 10 euro per month initiative, which, in our opinion, must cover both the first and second pillar, i.e. complementary social security. The pension fund system, in particular, must absolutely be strengthened. The contributory mechanism has in fact become prevalent and therefore any initiative that incentivises pension provision is fundamental'.

L’opposizione

There is also interest in the pension initiative from opposition parties. "The proposal certainly needs to be deepened and verified,' says Antonio Misiani, member of parliament and responsible for the economy and finance of the PD. 'I believe that the future capacity of the pension system to guarantee dignified treatments, in a framework complicated by the precariousness of the world of work and the progressive ageing of the population, must be taken into the utmost consideration. That said, the problem in Italy today is to increase the number of births, as well as to think about their pensions. In Italy in 2025 the birth rate has plummeted to an all-time low. These are dramatic numbers, which should push the government to abandon the policy of one-off bonuses in favour of structural interventions'.

Attention to the initiative and concern over the birth rate also came from Stefano Patuanelli, group leader in the Senate of the 5Stelle movement and member of the Budget Committee: "It could be a valid proposal, which would have little impact on public accounts. However, it does not solve the major problems gripping the country, both as regards the pension system and the birth rate crisis. More immediate and incisive action is needed to break out of this spiral, as it is unthinkable to maintain this birth rate curve. If these numbers were to be maintained for a long time or even worsen, buffer interventions would certainly not be enough to hold up the pension system'.

Elena Bonetti, leader of Azione's group in the Budget Committee of the Chamber of Deputies, explains that 'the proposal is certainly interesting and takes the right perspective, it needs to be deepened and refined at a technical level. For too long, politicians have been offloading the costs and debts of their choices onto future generations, who risk finding themselves without the necessary resources for adequate welfare'.

Finally supporting the initiative is Luigi Marattin, national secretary of the Liberal Democrats and former chairman of the finance committee: 'Our opinion is favourable. In general, our political line is that in the social security sector any additional outlay by the state must benefit young people and not pensioners or pensioners".

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