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Invited in connection with the Trento Economy Festival, Prime Minister Giuseppe Conte gave a long speech, speaking among other things about the 100 quota, the pension reform, approved during the previous government led by Conte, supported by the Lega and the 5 Star Movement: to allow those who are at least 62 years old and have paid at least 38 years of contributions to retire. Speaking of the 100 quota, already presented at the time as “experimental” for a period of three years, Conte said:
“It’s a three-year project and it was a reform project that came to compensate for what was a social unrest that had been created. […] It was a three-year temporary offer, expiring next year. The renewal of quota 100 is not on the agenda.
The 100 quota had been approved by the first Conte government in January 2019, mainly under pressure from Matteo Salvini and the Lega: in the following months the reform had been strongly criticized because it had allowed retirement at a fairly low age by standards. Westerners in a country where the retirement age is already quite low. In the first half of 2020, fewer than 50,000 people asked to use it. It is estimated that between 2019 and 2021 the reform will cost around 20,000 million euros for the state coffers.
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