Announcement due on accelerating TFR reform

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ITALY - By the beginning of September, the government and the social partners will announce whether the Trattamento di Fine Rapporto (TFR) reform is to be brought forward to 2007.

This reform, postponed to 2008 by the previous government, should encourage workers to transfer their termination indemnity payment (TFR) into a pension fund. This payment was historically made ...

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