“A historical victory for the entire union movement since it avoided early or compulsory retirement for 30,000 Italian workers at a time of severe economic and social crisis.” This is how the general secretary of the Fabi (the “most representative” union in the sector), Lando Maria Sileoni, qualified the framework agreement signed on Friday, July 8th, between the Abi employers’ association and the seven sectoral unions, Fabi, Fiba-Cisl, Fisac-Cgil, Uilca, Dircredito, Ugl credito and Sinfub, reforming the solidarity, the social damper created in 2000. Completely funded by the sector (0.5% from taxable monthly remuneration, 75% of which borne by employers and 25% by employees), this fund allowed, in the last decade, about 40,000 employees to voluntarily leave the sector. The employers’ organization wanted to remove the procedure of voluntary access to this fund, used in restructurings to accompany surplus staff towards retirement. The Fabi’s leader declared that this would help manage in a “non-traumatizing way the excess staff announced by the industrial plans of large banking groups, giving workers the opportunity to choose their future.” These jobs (5,000-7,000 units) will be subject to impending negotiations in groups such as Intesa Sanpaolo, Banco popolare and Ubi.
zation wanted to remove the procedure of voluntary access to this fund, used in restructurings to accompany surplus staff towards retirement. The Fabi’s leader declared that this would help manage in a “non-traumatizing way the excess staff announced by the industrial plans of large banking groups, giving workers the opportunity to choose their future.”
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