ITALY - The Association for the Taxation of Financial Transactions for the Aid of Citizens (ATTAC) in Italy has slammed unions for agreeing to bring the pension reform forward.
The ATTAC called for the memorandum signed with the government to be suspended, and claimed the government had decided to use the workers' final indemnity payments (Trattamento Fine Rapporto) to support state expenditure and finance the launch of the complementary pension sector.
"The unions failed to react and therefore the need has been felt for a national assembly for union delegates to address this issue," ATTAC said.
The memorandum signed between the government and the three major Italian unions brought the pension reform forward by a year. The reform should now be launched on 1 January 2007.
"This means that in the first three months of the year, there can be changes made to the pension conversion coefficient and also the retirement age," ATTAC continued.
According to the organisation, workers were not given the chance to voice their opinion and their TFR will be used at the government's whim.
In the article, ATTAC called for the suspension of all agreements on pensions and TFR made between the government and the unions.
They should not be valid until the workers have had the opportunity to discuss the situation and take an informed decision, it said.
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