Maneuver 2027: the idea of a public social security dowry for newborns

In the "pensions" construction site, within the 2027 budget, there is space for the proposal to establish a savings book fed annually by the State, intended for new born children to accompany them in every phase of growth up to entry into the world of work.

After the proposal was put forward this summer at the meeting in Rimini by the president of the INPS, Gabriele Fava, the technicians of the Institute and the government are working to implement the new support measure for young people, which should be called "Public social security endowment". The INPS president then returned to the proposal during a League event on the 2027 budget law, and proposed providing at least one thousand euros a year to newborns. «To really have the function of a social security piggy bank - he said -, the Libretto should provide at least one thousand euros a year from the State for each new born. It wouldn't be a bonus that ends at birth. It would be a commitment that the State would renew over time and which would accompany the person until they enter the world of work. The capitalization mechanism would increase the amount over time."

The costs? With around 355 thousand newborns per year, the measure would have an initial cost of around 355 million euros per year for each new generation affected. «It is the price of a very clear choice - added Fava -. Tell every child who is born that the State invests in them from day one. Not in words, but through resources that grow over time. If we want to seriously address the social security problem of the new generations we must start when retirement still seems very far away, not when it is too late. The Libretto would therefore not be an alternative fund to public welfare, but a complementary instrument, with a contribution from the State and the possibility of adding voluntary payments by the family and grandparents over time".

The message from the INPS president is therefore: «We do not want to replace the first public pillar. We want to strengthen it for those generations who, between work discontinuity, low wages and fragmented careers, risk having pensions that are too poor tomorrow."