Drafted by Marzio Scaglioni and Antonio Giardina
On 1st March 2023, Confcommercio and Manageritalia signed an agreement providing for a further rate increase for employers in order to pay the supplementary contribution to the Mario Negri Fund i.e., the Supplementary Pension Fund provided for executive personnel to whom the National Collective Labour Agreement (hereinafter “NCLA”) for Executives of Trade Sector is applied.
Before outlining what the new contribution rate valid as of 1st January 2023 will be, it is worth taking a brief look at the several trade union agreements that have followed one another over the years and that have had an impact, in terms of amendments, on the rate under analysis.
On 16th June 2021, the above parties signed an agreement such that the validity of the NCLA for Executives of Trade Sector (which has expired in July 2016) was extended until 31st December 2021. Within this agreement, a percentage increase of the supplementary contribution in favour of the Negri Fund was also provided for on the basis of the conventional salary set by Article 25, par. 8 of the applicable NCLA; these percentages are listed below:
- from 1st January 2020 – 2.19%;
- from 1st January 2021 – 2.31%.
The above parties signed a further agreement in March 2023 restating the supplementary contribution rates in favour of the Fund with retroactive effect as follows:
- from 1st January 2022 – 2.35%;
- from 1st January 2023 – 2.39%.
Therefore, below there is a table summarizing the percentage rates and the relative annual amount of the supplementary contribution. As a matter of fact, the amounts due and listed below has to be considered not variable in the light of the circumstance that the above rates are fixed and they have been applied to a conventional salary equal to €59,224.54 (pursuant to Article 25, Par. 8 of the NCLA).
|Supplementary contribution to “M. Negri” Fund|
For the purposes of the payroll management of the current year’s quota and in relation to the back year’s quota, on the basis of the clarifications given by the Fund, the contribution differences deriving from the agreement signed in March 2023 will not be included in the ordinary payment due on 10th April 2023, but, rather, the Fund itself will send a specific payment slip to the companies involved.
In light of the above, in order to provide evidence of the supplementary contributions due by the Company (on behalf of itself) within the payslip, both for the year 2022 and for the first quarter of 2023, and also in order to correctly manage, from an employment tax and social contribution perspective, the relevant amounts, it is strongly recommended to record these sums within the payslip, only at the time when the Fund will send the aforementioned payment slips.
Lastly, please note that if the company is not a member of the Fund, it will still be required to pay the supplementary contribution, but with a 0.30% surcharge, and therefore for the years 2022 and 2023 the rate for the supplementary contribution to the Fund will be 2.65% and 2.69% respectively.
For a deeper discussion please contact:
PwC TLS Avvocati e Commercialisti