Italy || Your TFR going to your pension || ABSOLUTELY NO! || 🇬🇭Twi ifrancismedia

Since January 1, 2007, private employers (excluding domestic workers) with more than 50 employees have been required to pay into the Treasury Fund the contributions accrued by each worker and not allocated to supplementary pension plans Who is it for? To employees ( who have terminated their employment relationship ) of companies required to pay into the Treasury Fund who have chosen to leave, in whole or in part, their severance pay with the employer. How it works The employer pays the benefit in full , including the portion of the Fund's share. Under certain conditions, as set forth in Law 296/2006, only the employer can submit the application for assistance to the Treasury Fund (online or via XML file) for direct payment of the relevant severance pay to the employee. Request Applications must be submitted electronically through the online service " TFR – Direct Payment of Treasury Fund ".