Tuesday, July 15, 2008

Poems About Forgiveness

Pension funds: one year after the budget reform is heavily negative.

funds negotiating since May 2007, according to the Covip *, they lost the first, 9%, while the TFR has made 3.6% . The membership grew little or even fall. There are not members of the youth had to wait too long because we understand that the fact that the severance pay funds was worse than playing bingo.

The supplementary pension is not taken off and the plan to dismantle the public welfare is fundamentally bankrupt. And 'the assessment that emerges from this data one year after the attempted robbery of the severance pay for private security. In

one year, the company more money or have lost the first category, 9%, with 8 / 10% for the lines and severance pay in company stock is revalued by 3.6%.
Between lost profits and losses realized who gave to the severance pay funds lost 5.5%.

E 'enough for a year to understand that there is a high risk for the wages of workers earn, regardless of the return on investment, only the managers, banks and speculators who have the ability to "play" with workers' money.

At the end of April 2008, about 4.65 million adherents to the supplementary pension fund, one-fifth of the approximately 22 million potential subscribers. Among the 12.2 million private employees adhere only 25%, about three million workers.

In terms of membership in the first four months of 2008, there has been slow, and even a decline. In addition, the funds, do not convince young people and the already precarious exploited and poorly paid.

Wisely, the vast majority of workers, as proposed by the Cub continues to hold the Tfr in the company.

The Cub believes that the guard should not be lowered even be strengthened commitment to
1. Claim for workers enrolled in closed-end funds, the right (now denied) to withdraw and stop payments and request refunds.
2. Inform new employees about the risks of theft of TFR to pension funds and the fact that they must express their opposition if within 6 months after being hired.
3. Reviving the public welfare, a single instrument, universal and irreplaceable to ensure the maintenance of their income before retirement.

* Covip. Pension Funds Supervisory Committee


Milan 23/06/2008

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