ITALY - Second pillar pensions must be launched immediately to make up for the decreasing amounts people are receiving from the pay-as-you-go state system, declared the Italian Work Union (UIL - Unione Italiana del Lavoro).
In the final draft of its congressional thesis, the union once again highlighted the urgency with which second pillar pensions should be launched. According the UIL, the “meddling” in the welfar...
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