I will give you a brief summary taken from the White Paper of the European Commission: "An Agenda dedicated to pensions, safe and sustainable "- 2012.
The pensions, theme that is always on everyone's lips (Institutions and Citizens), represent the most extensive and growing of the "European Public Spending", on average 2012 is equal to more than 10% of GDP and is expected to arrive 12,5% in 2060.
In Italy, spending on public pensions is higher than average and stood at 15% about.
The public pensions are the main source of income for elderly Europeans, increasingly rising.
In the future public pensions will always be an amount less than, between the remedies suggested by the Commission are:
A) The increase in individual savings towards retirement age – here are several tools adoptable, one of these is undoubtedly the mortgage loan annuity, in a Europe increasingly high percentage of homeowners. The latter tool that lets you convert the house into retirement income;
B) The extension of working life – presupposes series European policies to be older women and men in the labor market.
Finally, the Commission's recommendations to European countries, about the need to reform pensions:
(A) align the retirement age increase in life expectancy;
(B) restricting access to early retirement schemes and other paths of early exit;
(C) encourage longer working lives by improving access to learning throughout life, adapting jobs to a more diverse workforce, creating job opportunities for older workers and encouraging active and healthy aging;
(D) to equalize the retirement age for women to that of men;
(E) support the development of supplementary pension saving for the purpose to improve the incomes of pensioners.
Our country with the various reforms of recent years, from the last Monti-Fornero, would seem to have walked heavily towards the goals set by the European Commission.
Alex Gaetani
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