Overview
- Fratelli d'Italia senators filed a budget amendment to allow redemption of internship periods for pension purposes by paying a fee, extending the existing university-years redemption model.
- The proposal covers up to 24 months of internships that were not subject to mandatory contributions, with payment allowed in a lump sum or up to 120 installments.
- Eligibility would require securing employment within six months after the training period, including as an employee or through self-employment.
- Employers could route workers’ production bonuses to cover the payments, with the expense deductible for companies, leaving the economic burden on workers’ compensation.
- The text is under negotiation in Parliament, with the Five Star Movement calling it costly and of limited use, and the Economy Ministry recently dismissing other reported budget measures as unfounded; funding cited in the amendment totals about €2 million a year for three years.