Under 35 Bonus – INPS News 57/2020

As is known, Law 160/2019, by amending Article 1, paragraph 102 of Law 295/2017, stipulated, for new hires made in 2019 and 2020, involving workers up to 35 years of age (34 years and 364 days), the application of an exemption from the payment of social security contributions borne by the employer. A fundamental condition is that the hiring occurs under an open-ended employment contract with increasing protections. Upon the fulfillment of other stipulated conditions, the incentive will be applicable for a maximum period of 36 months from the worker's hiring date and may be granted, for any remaining period, to other employers who subsequently hire the same individual.

Starting in 2021, the age limit for applying the exemption will be set at 30 years of age.

With the issuance of this News, INPS mandates the adjustment in Uniemens, effective from the reference month of April 2020, for the bonus under discussion.

The following summarizes the key points of interest from the aforementioned News.

The social security contribution exemption under discussion, in terms of eligibility, is specifically intended for the hiring of young workers who, throughout their entire working life, have never held an open-ended employment contract.

Concerning Community law, the benefit constitutes a generalized intervention, meaning it is potentially directed at all private employers operating in every economic sector of the country, whose production units are located anywhere within the national territory.

Therefore, it is necessary to clarify that the regulation does not create an advantage for specific businesses, productive sectors, or geographical areas within the national territory.

Eligible Employers

Private entities (businesses, professional firms, associations, foundations, non-profit organizations, public economic bodies, etc.)

NO Public administrations and domestic employers.

Incentive Duration: 36 months

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