Cumulation Inps-Professional funds: the position of Inps

Yesterday morning Gabriella di Michele, Director General of INPS, together with some managers of the Institute met a delegation of the Free Cumulation Committee, led by President Marco Nicoletti, accompanied by Senator Nunzia Catalfo of the 5 Movement stars.

During the meeting, the General Manager reiterated the Institute's position. The INPS believes that the cost of the pension practices paid in aggregate to professionals who have paid contributions to both INPS and professional funds, must be borne by the bodies involved in the liquidation proportionally to the respective pension contributions paid.

This charge should be paid One-off, at the time of the actual liquidation of the pension share, as requested by the Casse, unlike the hope of INPS, which would have preferred to defer the payment even on a monthly basis.

The liquidation of pensions in aggregate for professionals who have paid contributions both to INPS and professional funds, governed in general outlines by the framework convention recently drafted by Inps and Adepp, implies management charges for the activities necessary for activation, management and maintenance of administrative procedures.

The Institute has estimated a cost for the management of the payments of these pensions, determined on the basis of a statistical evaluation of the activities necessary for the administrative management of the same. These are exclusively direct charges, which relate to personnel expenses used in activities related to the management of the payment of the pension such as, for example, the change of the paying agency or the change of the IBAN, the management of deductions or any sales of the fifth. This calculation does not include all charges related to the creation of IT platforms and the use of IT systems, as well as correspondence, which are entirely borne by the Institute.

The General Manager recalled that INPS did not receive any funding from the Government to cover these costs, because the law finances only the higher social security expenses.

The meeting ended with the commitment of the Institute to formally invite the individual funds to sign the framework agreement prepared by Inps and Adepp.

The delegation of the Committee for free cumulation, thanking the Director General of INPS for the clarifications provided, expressed appreciation for the availability shown by the Institute and said that it will take responsibility to sensitize the top management of the respective funds.

Cumulation Inps-Professional funds: the position of Inps