Publication: Setting Up a Communication Package for the Italian NDC
Date
2019-04
ISSN
Published
2019-04
Author(s)
Boeri, Tito
Cozzolino, Maria
Di Porto, Edoardo
Abstract
In the last 30 years the Italian pension
system was repeatedly reformed and counter-reformed,
increasing uncertainty about future pensions. A low level of
financial literacy exacerbated this problem. In 2015, the
Italian Social Security Institute (INPS) launched a project
to allow all insured workers to have more precise
information about their future benefits. This paper analyzes
the results of a survey carried out to evaluate the
project’s performance. The findings are encouraging – around
80 percent of respondents rate the INPS service as at least
“very helpful.” Even if 42 percent of the sample
overestimates their future pension, 16 to 29 percent reveal
a willingness to change their expectation on retirement
income after receiving new information.
Citation
“Boeri, Tito; Cozzolino, Maria; Di Porto, Edoardo. 2019. Setting Up a Communication Package for the Italian NDC. Social Protection and Jobs Discussion Paper,no. 1926;. © World Bank, Washington, DC. http://hdl.handle.net/10986/31633 License: CC BY 3.0 IGO.”