Oversight body says INPS risks 10bn annual deficit in 10 yrs

(ANSA) - Rome, October 28 - Pietro Iocca, the president of the CIV oversight body of social security and pensions agency INPS, told a Lower House hearing on Wednesday that the agency risked running 10 billion euro deficits every year in 10 years' time. "The projections for the INPS balance sheet are not reassuring," Iocca said. "It's a situation that should be focused on and monitored".