INPS technical provisions regarding special redundancy fund
- Studio Piceci
- July 16, 2020
- Reading time: 3 min
Subject: INPS technical provisions regarding special redundancy fund for permanent workers and employees of agricultural businesses (CISOA) (News of July 1, 2020, no. 84)
In a circular, INPS (the Italian National Social Security Institute) outlined the changes introduced by the latest decree-laws, No. 34/2020 and No. 52/2020, reviewing the entire current regulations governing wage supplementation linked to the COVID-19 epidemic and providing instructions on how to correctly manage applications.
Below is a summary of the contents of the News in question.
WAGE SUPPLEMENTATION (CISOA)
The treatment is granted for a maximum period of 90 days, from February 23, 2020, to October 31, 2020, and in any case ending by December 31, 2020.
DEMAND MANAGEMENT
Effective July 10, 2020, applications for CISOA grants for events related to the COVID-19 epidemiological emergency must be submitted with the new reason "CISOA DL RILANCIO".
In this regard, the Institute specifies that it is also possible to request the benefit for workers who have exceeded the 90-day limit or who have not accrued the required 181 days of service in the calendar year of reference.