Early retirement: 5 years earlier from work with extended expansion contract
Not only share 102. Important news on the subject of pensions. The Draghi government chose to go on with with the “expansion contract“for another two years. According to the current version of the 2022 Budget Law, in article 63, there is an extension for the next two years of the form of accompaniment when leaving work.
Early retirement, expansion contract, like quitting your job 5 years earlier
What is it about? The contract allows from get out of work – on a voluntary basis – up to 5 years before the old age pension (fixed at 67 years of age) or the early retirement. All this by agreement between the company and the trade unions. The worker receives a pension check equal to the amount accrued at the time of leaving (cost borne by the company for the entire duration of the advance).
Early pensions, enhanced expansion contract
The expansion contract was born on an experimental basis in the two-year period 2019-2020 and was also strengthened for 2021. A different option compared to Quota 100 pensions which had a good response. So go ahead with a change that will allow the expansion of this form of early retirement: the number of companies is expanding. According to the 2022 Budget Law, it includes small-medium sized companies with a minimum of 50 employees, a threshold that can also be reached with stable business combinations that have common purposes in the production or offer of services. Not only. According to article 23 of the 2022 Budget Law there is a chapter dedicated to companies with fewer than 50 employees and in crisis. With a fund of 600 million (set aside over the three-year period), employees of small and medium-sized companies that are at least 62 years of age can be brought to retirement.
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