INPS proposes 500-euro basic income for people aged over 55

(see related)(ANSA) - Rome, November 5 - INPS social security institute on Thursday proposed awarding a basic income to low-income families with at least one member aged over 55.
    The anti-poverty measure for the "active inclusion" of those aged 55 and up calls for a monthly 500-euro check to be paid out, with the amount dropping to 400 euros a month in 2016 and 2017. As well, the agency proposed a new pensions flexibility scheme that would let workers retire early at 63 years seven months of age at a 10-11% loss, with the deducted amount to shrink over time.
    It also called for union delegates and officials to get the same pensions as other workers, which are lower.