The former Minister for the Press on the fund for retirement at 64: lower pensions, paid for by pensioners. The issue of index-link adjustments. “Salvini still hasn’t grasped how a pension system works”

The Council of Ministers meets at 3 pm to finalise the Budget Bill. Giorgetti secures agreement within the majority on the contribution from credit institutions, despite resistance from Forza Italia. The draft also includes a flat tax for the under-35s, tax relief on thirteenth-month bonuses and new incentives for recruitment. The League fails to secure the repeal of the Fornero reform, but does secure the scrapping of certain pension schemes.

Promises on pensions clash with the conditions that ensure the sustainability of pension expenditure. Failing to honour them would be risky, whilst making structural changes risks becoming a financial disaster

Families, nurseries, social housing: this is how the pension system used the resources that were needed by young people

The PD is resorting to demagoguery and opposing the adjustment of the conversion coefficients for the total contributions. Last year, the focus was on adjusting the retirement age

Governments that delay reforms “are acting immorally”, says the economist. “Which country best illustrates the cost of delay? Argentina, without a doubt.”

Pension funds can be a useful tool, but you cannot call it ‘pension reform’ when it essentially just decides who will manage savings that workers were already obliged to set aside. Points for consideration

From Merz to Burnham, from Macron to Meloni: European governments are being forced to revise their programmes under pressure from populist forces and demographic
trends

Placing a major social issue such as lack of self-sufficiency at the heart of the forthcoming Budget Bill may be a way for politicians to consider both future generations and the next elections