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29.042016

Active aging: signature of the implementing decree

On 13 April 2016, the Minister of Labour and Social Policies, in agreement with the Minister of the Economy and Finance, has signed the implementing decree sanctioning “subsidized” part-time work as introduced by the 2016 Stability Law, to promote the so-called “active aging”. The decree in question clarifies the methods for employers to notify to the Local Labour Directorate and INPS the finalisation of contracts with the workers, the scope of which is the reduction of working hours by 40% to 60%, as well as subsequent termination of the employment agreement. The law-maker, in fact, has specified that the reduction in working hours shall be authorized by the Local Labour Directorate and that this benefit will be granted by INPS within the limits of the allocated resources. The decree is currently being examined by the Court of Auditors and will become effective following registration and publication in the Official Gazette. Following the publication of the decree, this experimental measure will become effective.