Tuesday, December 21, 2010

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Estimates for Social Security: pensions collapse

I dossier dell'Inps con le stime sulle pensioni fino al 2037, contenuti in the technical report on the Body, we offer a framework not exactly encouraging future pensions, which still stands at 47 per cent of income for those who are entering the world of work, and for temporary (quasi-employees) will average amount of € 6,351 per year, ie € 529 per month, equivalent to 14 percent of income. Moreover, he reveals the INPS, the aging population will challenge even those accounts that are unfavorable to future retirees.
The current level of pension coverage for employees, is 52 per cent of remuneration, which will fall gradually, reaching 47 percent in 2037. This is the result of a gradual transition in atto, dal sistema retributivo (pensioni calcolate in base al reddito) a quello contributivo (pensioni calcolate in base ai contributi effettivamente versati), solo parzialmente compensato dalla previdenza integrativa, che consente di destinare quella che un tempo era la liquidazione (il Tfr) ad alimentare la rendita pensionistica.
Il grado di copertura della pensione per i lavoratori parasubordinati, stimato dall'Inps, nel 2037 sarà del 14 per cento del reddito, ma, in verità, non ci sono ancora dati sufficienti per effettuare calcoli attendibili, considerato che una parte dei contribuenti della "gestione separata" versa contributi relativi ad un secondo lavoro. I diversi centri di ricerca privati stimano invece un grado di coverage between 36 and 50-55 per cent.

Prospects are even blacker than those of professionals, not covered by INPS, but as many as 29 different employers' liability insurance, independent since 1994 (Legislative Decree 509/94). Biologists, psychologists and landowners will receive 25 percent of current income, while the young lawyers or engineers will be about 50 percent. And the contributions often go down further than it won, because the share of "black" that characterizes many professions. But we certainly can not complain.

source: Yahoo Finance

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