The pensioners’ federations CSdL, CDLS and USL are calling for talks with the government of San Marino to address the erosion of pensioners’ purchasing power and to identify support measures. According to the unions, the loss in value over recent years can be estimated at around 16%, while rising prices for essential goods are putting growing numbers of elderly residents in difficulty.
At the heart of the request are the revaluation mechanisms introduced under Article 19 of Law no. 157. Since 2022, the federations argue, annual adjustments have remained below inflation: the benchmark cited is 2.20% for minimum pensions, with percentages decreasing as pension amounts increase.
Healthcare costs are also weighing heavily on pensioners’ budgets.
FUPS, FNPS and FP point out that the reclassification of numerous therapeutic and pharmaceutical products as supplements has driven up the cost of care.
This situation is fuelling fears of not making it to the end of the month and of having to rely on help from others.
The federations say they deal daily with cases of vulnerability and requests for support.
“Our pensioners have been left behind, without tools for protection or income flexibility,” write CSdL, CDLS and USL, also pointing to the gap with active workers, who have benefited from recent contract renewals with average increases of 3%.
The goal of the requested meeting is to agree on timely measures to protect and restore pensioners’ purchasing power, ensuring social fairness for a group that, the unions stress, now represents a third of San Marino’s population.
