INPS: employers can request the pro-rated refund of severance pay due during the period of extraordinary temporary layoff (CIGS)

With message no. 23953/09, INPS (Italian Social Security Administration) defined that employers can request the pro-rated refund of severance pay (called TFR), due during the period of extraordinary temporary layoff (CIGS), for the workers dismissed at the end thereof (art. 2 L. 464/1972).

With message no. 23953/09, INPS (Italian Social Security Administration) defined that employers can request the pro-rated refund of severance pay (called TFR), due during the period of extraordinary temporary layoff (CIGS), for the workers dismissed at the end thereof (art. 2 L. 464/1972).  Employers can avail themselves of this opportunity even when the dismissed workers, after CIGS, are subject to lay off extensions (so called “CIG in deroga”), when applied in continuity with the previous.

(Il Sole 24 Ore)

Signed the renewal of the Collective Bargaining Labour Agreement for Industrial Sector

On 15 October 2009, Federmeccanica, Assistal, Fim e Uilm (respectively the Employers’ Association and two out of three of the Trade Unions Involved) reached and signed the renewal of the Collective Bargaining Labour Agreement for Industrial Sector (for the period 2010-2012).

On 15 October 2009, Federmeccanica, Assistal, Fim e Uilm (respectively the Employers’ Association and two out of three of the Trade Unions Involved) reached and signed the renewal of the Collective Bargaining Labour Agreement for Industrial Sector (for the period 2010-2012). Fiom (the third Trade Union Involved) didn’t sign this renewal.

The main amendments which have been introduced are the following:

1.     a medium salary increase of EUR 112 that will be paid in three period/tranches, from 2010 to 2012;

2.     the establishment of a bilateral authority and of a fund to give financial support to workers (from 2012); that fund will be increased by the companies and the workers (with voluntary contributions);

3.     a monthly increase of the so called “elemento perequativo” of EUR 15 (from 2011) for the companies that don’t apply the second level bargaining and for the workers that don’t earn wage elements different from the elements of the engineering’s collective bargaining (elemento perequativo);

4.     an increase of contribution due by employers to Cometa fund (fund of supplementary benefit), effective from 2012.

(il Sole 24 Ore)

 

Severance pay: set the coefficient of September for the T.F.R.

For September 2009, the appreciation rate for severance indemnities (T.F.R.) contributions, accrued at 31 December 2008, amounted to 1.626859.

For September 2009, the appreciation rate for severance indemnities (T.F.R.) contributions, accrued at 31 December 2008, amounted to 1.626859.

(il Sole 24 Ore)

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