Italy: State and businesses mobilized to find solutions to the esodati crisis brought about by the Monti administration’s pension reform

Side effect to the 2011 pension reform, “esodati” are workers reaching the end of their carrier who have signed voluntary leave agreements during a restructuring or reorganization in their company because they were close to retirement age and who could end up with no income when they lose entitlement to social dampers.  Following union pressure, three government decrees were issued, allowing about 130,130 esodati (out of a total over 300,000) to retire under the previous system.  Soon, the Letta administration should present new provision to put a stop to this problem.  In the meantime, businesses and unions are adopting “rescue clauses” in their agreements to avoid this scenario in the future.  (Ref.  130499)
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To solve the issue of “excess” staff, Italian businesses – Poste Italiane, Telecom Italia, Eni, Enel, or key banking groups – have largely used the voluntary “Mobilità” procedure via union agreements encouraging seniors to leave, accompanying those close to retirement age. Yet, the Monti foresight reform (see article No. 110800) changed access conditions (a 4-5-year gap with the previous criteria), which had severe collateral effects on the workers covered by the agreements, who could end up

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