The market of loans paid back through deduction of one fifth of the paycheck with the advent of the “Financial Flow”

The General Accounting Office (hereinafter RGS), by Circular Letter dated Jan 2nd 2015, provides the operating instructions for the management of the public employees interested in loan contracts through formal salary deduction and, more in general, of the employees whose salaries are managed by the NoiPA system.
Following the existing methods, the delegatee body has also the obligation to pay for the costs of the service offered by the Administration for using human and material resources in order to manage the salaries of financed people.
These costs were defined after a careful assessment of the actual costs incurred by the Administration for the management of salaries, by analysing the average processing times, the people employed, and all the ancillary costs related to the maintenance and to the use of computer systems. Downstream this analysis , the costs for to the delegatees in case of formal request for salary deduction amount, for "loan agreements", to a lump sum of € 18.00 and to € 2.05 for periodic audit, payment and reporting activities.

... One year later: it has been necessary to understand if the amount of these costs could be confirmed or updated for the two-years period 2017-2018, considering any variable in the service provision. After the necessary verifications, RGS, by Circular Letter no. 3 dated Jan 17th 2017 confirmed the same amount of the expenses for 2017-2018 and it also pointed out that:

- The centralized (or unified) agreements and the extension of the conventional salary deductions has encouraged the administrative and procedural process;
- The IT automation process (so-called "Financial flows") has allowed a better and more linear control by DAG-DSII, in compliance with the wear limits of the subscribed loans, and has allowed a rationalization of the processes by bringing some benefits both the lenders and to the borrower.

The recent interventions have substantially allowed controlling the costs, despite the presence of higher workload.

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