Background information

An agreement between the social partners and the Italian Banking Association was signed on the 30 March 2020 concerning the anticipation by banks of income integration measures (CIGO, CID and FIS) for workers temporary suspended from work due to the COVID-19 emergency. This agreement, in force until 31 December 2020, aims at supporting workers waiting for the payment of income support measures by the National Social Security Institute (INPS).

Content of measure

An agreement between the social partners and the Italian Banking Association was signed on the 30 March 2020 concerning the anticipation by banks of income integration measures (CIGO, CID and FIS) for workers temporary suspended from work due to the COVID-19 emergency. This agreement, in force until 31 December 2020, it aims at supporting workers waiting for the payment of income support measures by the National Social Security Institute (INPS). The advance payment of the allowance due will take place by opening credit in a special current account, if requested by the Bank, for a flat rate overall amounting to €1,400, based on nine weeks of zero-hour suspension (proportionally reduced in case of shorter duration), to be re-proportioned in case of a part-time relationship.

Use of measure

No information available.

Target groups

Workers	Businesses	Citizens
Employees in standard employment	Does not apply to businesses	Does not apply to citizens

Actors and funding

Actors	Funding
Trade unions Employers' organisations Other social actors (e.g. NGOs)	Other

Social partners

Social partners' role in designing the measure and form of involvement:

	Trade unions	Employers' organisations
Role	Agreed (outcome) incl. social partner initiative	Agreed (outcome) incl. social partner initiative
Form	Consultation through tripartite or bipartite social dialogue bodies	Consultation through tripartite or bipartite social dialogue bodies

Social partners' role in the implementation, monitoring and assessment phase:

• No involvement
• Main level of involvement: Peak or cross-sectoral level

Involvement

The agreement was signed between the major trade unions and employer associations and the Italian Banking Association, under the auspices of the Ministry of Work and Social Policies.

Views and reactions

Unknown.

Sources

• 30 March 2020: CONVENZIONE IN TEMA DI ANTICIPAZIONE SOCIALE IN FAVORE DEI LAVORATORI DESTINATARI DEI TRATTAMENTI DI INTEGRAZIONE AL REDDITO (www.abi.it)