Inps: extend the “Value of Newborns” Fund to families with minor children born before 2027

The INPS proposes to extend the "Valore nuovi nati" fund to families with minors born before 2027, allowing them to open accounts for long-term savings. Director Valeria Vittimberga suggested adding the option to deduct family contributions, similar to complementary pension schemes, to encourage savings. The fund, established for newborns from 2027, allocates €100 annually from the state to each child’s account, which can be transferred to pension funds at age 18. The proposal aims to avoid disparities between siblings born before and after 2027, with an estimated public finance impact of €45 million by 2028, decreasing to zero by 2046.

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