The increase from 20 to 26% of taxation on pension funds and social security funds contained in the Stability law represents "a vexatious and punitive initiative that has the clear purpose of weakening the social security funds"

Wednesday, 17 December 2014 – Pharmacist33

The increase from 20 to 26% of taxation on pension funds and social security funds contained in the Stability law represents "a vexatious and punitive initiative which has the clear purpose of weakening the social security funds".

This was stated in a note by Luigi D'Ambrosio Lettieri (photo), group leader of the 12th commission of the Senate, commenting on the decision of the Renzi government which, according to the Senator of Forza Italia represents "a full-blown attack". The risk for D'Ambrosio Lettieri is that "the social security institutions of the professions" will be destructured with the risk of "burying them definitively, handing over their functions to the usual bandwagon that produces deficits, customers and corruption".

In agreement with D'Ambrosio Lettieri is Andrea Mandelli, Forza Italia manager for relations with the professions who speaks of a "crucial passage not only for this stability law and for a sector that risks an unjust sting but also for the credibility of the government, already undermined by too many broken promises. Our amendments are on the table, we are waiting to see how this story ends» concludes Mandelli.

Marco Malagutti

Fonchim. Know the taxation applied to the fund

TFR in paycheck? The calculation with the stability bill for 2015, art. 6 (still under consideration by Parliament)

Last assault on the maneuver. Taxes down on pension funds

Pensions, we change: age limits are gone with 41 years of contributions

Stability, Enpaf: on the private coffers amendment we expected more

Friday, December 19, 2014 – Pharmacist33

We expected something more incisive and some points remain to be clarified. This is the comment of Mark Lazarus, director general of Enpaf, to the amendment that yesterday received the green light from the Senate Budget Commission which plans to offset the tax increases from 11.5 to 20% for pension funds and from 20 to 26% for pension funds through a tax credit linked to the support of investments that will be identified by the MEF with a subsequent ministerial decree. «Better than nothing» explains Lazzaro «even if our expectations were different». With regard to the proposed measures, «it is necessary to verify whether the instruments identified by the MEF will benefit from a facilitated taxation equal to that provided for government bonds. And then we will in any case have to verify the characteristics of the investments promoted by the Mef, hoping that the related products will be listed on regulated markets. In any case, Enpaf will not abstain from possible new initiatives in support of the Italian system, while also highlighting that the majority of the institution's capital resources are invested in our country and mainly in public debt".

Frances Giani