Italy could have made big savings
by reforming 'vitalizi' parliamentary pensions so that they were
contributions-based, social security and pensions agency INPS
chief Tito Boeri said Monday.
"There would have been savings in the order of 150 million
euros a year," said Boeri.
The anti-establishment 5-Star Movement (M5S), which is aiming
for government after Italy's inconclusive March 4 general
election, has long vowed to scrap vitalizi altogether as a
symbol of unacceptable political perks.
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