PUBLISHED BY Arlati Ghislandi
TAG: PENSION
Print workers: INPS instructions on early retirement
23
Aug
2018

With Circular no. 89 of 1 August 2018, INPS provided clarifications on the early retirement of employees of publishing companies and magazine printing companies, in the light of the amendments introduced by article 1, paragraph 154 of law no. 205 of 27 December 2017.

 

Scope of application

The provisions concerning the requirements for accessing pension benefits in force before 17 January 2014 (date of entry into force of the regulation referred to in Presidential Decree no. 157 of 28 October 2013), continue to apply to employees admitted to the redundancy fund system (CIGS), under the procedural agreements signed between 1 January 2014 and 31 May 2015, by publishing companies and magazine printers who have ceased their activities (even under bankruptcy) as a result of corporate crisis.

 

The rules also apply if:

-     the requirements for accessing the pension accrue after that date,

-     after the period of benefitting from the CIGS, the workers were placed in mobility by the same company.

The benefit is not due, instead, to those who have resumed employment under an open-ended contract.

Requirements

To qualify for early retirement, the workers in question must have completed, within the period of admission to the CIGS, a contribution period of 32 years and 3 months in the period between 1 January 2014 and 31 December 2015 or a contribution period of 32 years and 7 months in the period between 1 January 2016 and 31 May 2017 (taking into account 31 May 2015 as the last date for the signing of the procedural agreements and the maximum duration of two years of the CIGS), increased by a period not exceeding three years up to a maximum of 35 years.

Preliminary investigation

For the preliminary investigation of the applications, the Institute will verify that:

-     the company that has placed the worker on the CIGS is included in the list sent by the Ministry of Labour with note 3895/2018;

-     the worker has been placed on the CIGS based on the authorisation decree issued under an agreement signed in the period between 1 January 2014 and 31 May 2015;

-     the worker has fulfilled the requirements for early retirement;

-     the worker has not resumed employment on a permanent basis.

Applications for early retirement can be accepted within the expenditure limits.

 

Commencement

Early retirement treatment commences on the first day of the month following:

-     the month in which the application is submitted

-     or the month of termination of the fixed-term employment relationship, if subsequent to the month of submission of the application.

The date of commencement may not be earlier than 1 February 2018.