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

For October 2009, the appreciation rate for severance indemnities (T.F.R.) contributions, accrued at 31 December 2008, amounted to 1.807621.

(Il Sole 24 Ore)

Italian Labour Ministry: the TFR is neutral for the defensive job-security agreements’ calculation

The Italian Labour Ministry, with the memo n. 16582/09, has specified that the TFR (trattamento di fine rapporto) doesn’t fall within the monetary base on which is calculated the additional contribution stated for the defensive job-security agreements (contratti di solidarietà), stipulated by the enterprises in out of the temporary layoff extraordinary intervention (CIGS).

The Italian Labour Ministry, with the memo n. 16582/09, has specified that the TFR (trattamento di fine rapporto) doesn’t fall within the monetary base on which is calculated the additional contribution stated for the defensive job-security agreements (contratti di solidarietà), stipulated by the enterprises in out of the temporary layoff extraordinary intervention (CIGS).

(Il Sole 24 Ore)