Italy's INPS clarifies TFR guarantee rules and under‑35 job‑stabilization incentives

The INPS Fondo di Garanzia can pay a worker's severance (TFR) even when the employer is insolvent but not declared bankrupt. The employee must have ended the contract, obtain a judicial title confirming the credit, attempt enforcement unsuccessfully, and then submit a request with the required documentation to INPS.

A separate INPS measure provides a 100 % exemption of social‑security contributions for up to 24 months to firms that convert temporary contracts of workers under 35 into permanent jobs. The exemption, capped at €500 per month per worker, is conditional on applying the collective‑agreement “salario giusto” (comprehensive economic treatment) and meeting several eligibility criteria, including contract start dates, duration limits and compliance with standard labour and safety rules.