San Marino. “Withdrawal from the pension fund? A fake news”
“The Secretariat of State for Finance intends to categorically deny what was reported in the press on the hypothesis of a withdrawal from Pension Funds and firmly criticizes the exploitation, without any basis, promoted by some members of the opposition parties”.
In this way the Congress of State replies to the accusations of the unions on the hypothesis of withdrawal from pension funds. “As amply specified by the Secretary of State for Finance Marco Gatti during the council session in progress, the State does not withdraw from the Pension Funds but on the contrary pays over 50 million euros per year from the public funds destined for pensions and to increase the Fund itself. the latter which unfortunately is no longer even sufficient to keep the necessary income / expenditure balance.
The State has always allocated to the Pension Fund the quotas provided for by law even when it was in surplus, it is therefore possible to affirm that the sum generated is partly in part from what was allocated to employers and workers and in part significant also by state appropriations over the years.
The arguments made, preliminary to the definition of a structural pension reform, not yet that there are withdrawals in contrast to the law from the Pension Fund to support the state budget, therefore, it is good to reiterate that news in this sense is to be considered false “.
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