Pasquale Tridico, the outgoing president of the country’s National Institute for Social Security (INPS), told La Stampa newspaper that only a constant flow of mass immigration can save the Italian pension system from collapse.
Mass migration is essential to Italy’s survival and without it the country’s pension system will collapse, Pasquale Tridico, the outgoing president of the country’s National Institute for Social Security (INPS), has claimed.
In an interview with La Stampa newspaper, Tridico warned that “without migrants, INPS accounts will be critical in 20 years.” He claimed that the most advanced nations in Europe “all have many migrants” and that Italy needs “to cover the demand for medium-low jobs from North to South with foreigners.”
“The solution can only be the access of regular and fluid immigration,” he added, insisting that gaps in the Italian labor market can only be filled through foreign migrants and claiming the flow of mass migration must be “constant.”
Tridico claimed that with a falling birth rate and an aging population, mass migration was the only option. “Today we have 16.5 million retirees. With less than 400,000 newborns, in about 20 years we will have 230,000 graduates. Under current conditions, 150,000 will have a job. Looking ahead, we will have roughly the same number of people retiring and entering the labor market,” he said.