Italy’s demographic structure has changed greatly over the last 50 years: a diminishing number of workers have to support the pensions of a growing number of retirees. Therefore, several reforms aimed at reorganizing the pension system followed one another, affecting the set of opportunities available to individuals. Given the structure of the labor market, retirement decisions in Italy have been strongly differentiated by gender and from a regional point of view (center-north vs south). However, recent changes in pension policies have increased the risk of social inequalities across generations, with younger cohorts benefiting from a far less generous system, with a lower substitution rate and being forced to extend their working careers.
Bertolini, S., Nicola, D.L., Giullari, B., Goglio, V., Rizza, R., Santangelo, F. (2016). Retirement in a Context of Strong Institutional Uncertainty and Territorial Diversities: The Case of Italy. London : Palgrave Macmillan UK [10.1057/978-1-137-56697-3_5].
Retirement in a Context of Strong Institutional Uncertainty and Territorial Diversities: The Case of Italy
DE LUIGI, NICOLA;GIULLARI, BARBARA;RIZZA, ROBERTO;SANTANGELO, FEDERICA
2016
Abstract
Italy’s demographic structure has changed greatly over the last 50 years: a diminishing number of workers have to support the pensions of a growing number of retirees. Therefore, several reforms aimed at reorganizing the pension system followed one another, affecting the set of opportunities available to individuals. Given the structure of the labor market, retirement decisions in Italy have been strongly differentiated by gender and from a regional point of view (center-north vs south). However, recent changes in pension policies have increased the risk of social inequalities across generations, with younger cohorts benefiting from a far less generous system, with a lower substitution rate and being forced to extend their working careers.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
