2015 | OriginalPaper | Chapter
Italy’s Supplementary Pension System
Author : Raffaele Capuano
Published in: Italian Banking and Financial Law
Publisher: Palgrave Macmillan UK
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Since 1993, Italy’s policy makers have favoured the development of funded supplementary pension pillars in order to compensate retrenchment interventions within the public pension system. Introduced upon a voluntary basis, supplementary pillars are fully funded and provide almost exclusively Defined Contribution (DC) pension systems.