Italy: temporary social partners launch sectoral pension funds

“At European level, there has been no similar experience in the sector.  Therefore, Italy can pride itself in being the first, building a system capable of protecting agency workers throughout their career and now also with an appropriate supplementary pension scheme.”  This is how Enzo Mattina, leader of the new supplementary pension fund (Fontemp), presented to the headquarters of the European Parliament, in Rome on July 6th, the fund created by Assolavoro, the sector’s employers’ organization, and the Felsa-Cisl, Nidil-Cgil and Uiltemp unions, in line with the 2008 agreement for the renewal of the CCN (see our dispatch No.  080500).
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e fund created by Assolavoro, the sector’s employers’ organization, and the Felsa-Cisl, Nidil-Cgil and Uiltemp unions, in line with the 2008 agreement for the renewal of the CCN (see our dispatch No. 080500).

Functioning. Fontemp, with free and voluntary membership, follows two systems:

  • Individual capitalization based on contributions from employees, employers and the TFR (“trattamento di fine rapporto” – the part of the salary paid with interest when the employee leaves the company, see our
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