Pensions are shrinking while the cost of living keeps climbing. In San Marino, discontent among the elderly is growing, as the government has yet to respond to a request for a meeting put forward a week ago by the three trade union confederations to discuss a revaluation of pension payments.
Raising the alarm is Pier Marino Canti, secretary of Federpensionati Cdls, who told San Marino Rtv he is deeply concerned about the economic hardship facing a growing share of the elderly population.
According to figures cited by the union, pensions have lost between 15 and 16% of their purchasing power since 2022. While contractual wage increases for workers have averaged 3%, the annual revaluation of pension payments has remained at just 2.2% for minimum pensions, with even lower percentages applied to higher pensions.
This situation, Canti said, is pushing an increasing number of pensioners to seek help, even to cover everyday expenses. The headquarters of the Centrale Sindacale Unitaria (the joint union body) reportedly receives requests for support from elderly people who often struggle even to describe their financial difficulties.
Federpensionati Cdls is therefore calling for the immediate opening of talks with the government to identify concrete measures. Among the main concerns are rising food prices, utility bills, and the growing number of people turning to Caritas for assistance as they find it increasingly difficult to make ends meet.
