On May 20, the national association of insurance firms (Ania) and the national association of assistance companies (Aisa) for employers and the Fiba-Cisl, Fisac-CGIL, F.N.A., SNFIA and Uilca-Uil unions signed an agreement implementing the social reform passed by the previous Monti administration, allowing equal funds to set up additional provisions to manage restructurings or working coming close to retirement age. (Ref. 130354)
Article 3 of Act 92/2012 reforming the labor market (see article 120432) provides that, in sectors where there is no Cassa Integrazione, the most representative social partners at national level will sign sectoral and cross-industry collective agreements setting up joint solidarity funds which may notably provide for exceptional provisions in case of restructurings in terms of income support for employees reaching retirement age within 5 years after they leave, or even to contribution to vocati
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