De Luca & Partners

Court of Cassation: retirement fund does not affect the TFR (Il Sole 24 Ore, July 4, 2013, page 17)

The Court of Cassation, with notes no.16493 and 16586 deposited on July 3, specified that the payments by the employer allocated to supplementary retirement fund are not considered in the determination of the TFR and the seniority indemnity, because these treatments have not the nature of wage and are not subject to social security contribution useful for retirement purposes.
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