Professional Studies Solidarity Fund

The Ministry of Labor and Social Policies published a decree on May 20th for the appointment of the administrative committee of the “Confprofessioni” Solidarity Fund, and a recent INPS circular details the instructions to guarantee its operability.

We remind you that this Fund, established by the interministerial decree of December 27, 2019, no. 104125, guarantees the ordinary wage supplementation allowance in cases of reduction or suspension of work activity, therefore having the purpose of providing employees of employers in the professional activities sector who employ more than three employees (including apprentices with a professionalizing apprenticeship contract and excluding managers) with protection during the employment relationship to support income in cases of reduction or suspension of work activity.

Employers in the professional activities sector, averaging more than three employees, are required to register with the Fund. These employers are identified based on the ATECO codes defined by INPS News 77/2021, which is attached hereto. All professional activities falling under the aforementioned ATECO codes must be identified by the authorization code “0S,” which, starting from the March 2020 pay period, signifies “Bilateral solidarity fund for professional activities.”

The allocation of the authorization code “0S” to the identified INPS registration numbers will occur automatically by the Institute and will replace the code “0J” that identifies those registered with the FIS.

The benefits of the Confprofessioni Fund are financed by:

• An ordinary contribution calculated based on the number of employees.

• A potential additional contribution.

Funding the Fund through the Ordinary Contribution – what it is and how any back payments due will be managed.

For employers averaging more than three and up to fifteen employees, the contribution is equal to 0.45% (two-thirds of which is borne by the employer and one-third by the employees); for employers averaging more than fifteen employees, the standard contribution is equal to 0.65% (two-thirds of which is borne by the employers and one-third by the employees) of the taxable remuneration for social security purposes.

For the purpose of calculating the average number of employees, reference is made to INPS News No. 176 of 09/09/2016, considering the average of the semester preceding the month of reference.

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