Italian pensions to get €5bn boost

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ITALY - The government and social partners have signed an agreement that will see around €5bn from company final indemnity funds transferred to the national institute of social welfare (INPS) as of next year.

An agreement signed yesterday between the government, the Italian trade unions Confindustria, Cgil, Cisl and Uil will see the launch of the complementary pensions sector brought forward by a year. ...

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