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With the manoeuvre, retirees who have worked in the Principality of Monaco celebrate

With the manoeuvre, retirees who have worked in the Principality of Monaco celebrate

The measure, which will cost around 9 million euros, will affect just 8,000 pensioners in the immediate term and another 4,500 on the verge of retirement in the medium term. Cross-border commuters thank: "Beautiful gift"

From 1 January, cross-border workers in western Liguria who have earned their pension in the Principality of Monaco will have a pension with a substitute taxation of income tax at a rate of 5 per cent instead of 23. The councilor Marco is there Scajola , nephew of the former minister Claudio , now mayor of Imperia, behind the idea of ​​equalizing the tax treatment of Ligurian pensioners to that of Swiss pensioners.

An idea that could help the very young list born last August Noi Moderati, the result of an alliance with Maurizio Lupi's Noi per l'Italia, Luigi Brugnaro's movement , Lorenzo Cesa's UDC and the current president of the Liguria Region , Giovanni Toti , to put down roots in Ponente Ligure, which has always been a fiefdom of Claudio Scajola and a secure electoral base for his nephew Marco who is eager to repeat the same cursus honorum .

“Tonight, shortly after 5 in the morning, this amendment passed as it was shared and signed by all the majority rapporteurs – celebrates the deputy and vice president of the Productive Activities commission Ilaria Cavo -. An important convergence on the merits of this measure which, however, as regards its economic sustainability, was able to count exclusively on the resources made available by the Noi Moderati group: 6 million euros in 2024 and 3 in 2025. The choice of our group to meet the needs of our territory has allowed us to give substance to this request".

Cavo underlines the social equity of the story for the Italians who work every day in the shadow of the Rocca: "A provision in which we believed from the beginning because it relieves the pressure above all of workers, cleaning ladies, workers with minimum pensions and equalizes the treatment for our 8,000 cross-border pensioners from Liguria to that provided for by this budget law for those who accrued their pensions in Switzerland” said the deputy, who signed and followed the parliamentary process of the amendment”.

SOME NUMBERS ON THE PRINCIPALITY'S WORKERS

In reality, people forget to remember that those who are lucky enough to work in the Principality benefit from a salary that is usually higher than the Italian one and, as they return to their borders every day, from a lower cost of living than in Monaco. In Monaco, the public sector employs 4,776 people and the private sector 53,091, according to IMSEE data from 2019. And we know that in the two sectors 63.2% are French, 14.2% Italians, 6.3% % from Portuguese, only 4% from Monegasques, 1.4% from British while the remaining 10.7% from other nationalities. The Monegasque SMIC (salaire minimum interprofessionnel de croissance) amounts to 1,786.33 euros gross against the 1,645.58 euros gross of the Hexagone. In September 1919, 500 demonstrators were enough to block the only city street: they demanded that the minimum salary go from 1,700 euros to 2,250.

PENSIONERS: "BEAUTIFUL GIFT"

To the microphones of Primocanale Roberto Parodi , secretary of the federation of Fai workers – Autonomous Frontalieri Association immediately thanked Toti: “We have made history and I have no words how to thank you. I am sure I represent the 8,000 cross-border pensioners and also the 4,600 workers of the principality of Monaco who will see their best future". Then he extended his thanks for the strenna to the Honorable "Ilaria Cavo and the regional councilor Marco Scajola were great, they gave us a beautiful gift".

THE RECENT WAGE INCREASE

At the end of September of this year, the Principality decided to increase the salaries of its civil servants by 3.2%, against an inflationary rise of 5.8%. After all, 52,000 people work in Monaco against a population of less than 40,000 inhabitants: if you remove those who are not yet of working age and those who are retired, you understand why this tiny state in the heart of Europe continues to want to be attractive to workers .

On the other hand, it is less understood why the Italian State should take charge of a reduction in taxation for certainly privileged subjects. The expected expenditure is around 9 million euros: 6 million in 2024 and 3 million in 2025. The beneficiaries, we recall, are just 8 thousand pensioners. An excellent Christmas present for a few, very few Italian citizens with a strong electoral flavor.


This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/con-la-manovra-festeggiano-i-pensionati-che-hanno-lavorato-nel-principato-di-monaco/ on Fri, 23 Dec 2022 11:09:15 +0000.