Corporate welfare
FNM Group has always taken care of the wellness of its employees and their families, trying to improve the quality of their lives.
For employees
Corporate bodies
Supplementary pension arrangements
FNM Pension Fund
FNM Pension Fund
The FNM Pension Fund, established in 1992 and registered in the Register of Pension Funds under No. 1165, in the section dedicated to so-called “pre-existing pension funds” maintained by Covip, aims to provide its members, on a non-profit basis, with supplementary pension benefits in addition to those provided by the mandatory public pension system, with the objective of ensuring higher levels of pension coverage.
All employees and managers of the Group companies affiliated with the Fund, as well as their financially dependent family members for tax purposes, are eligible to join the FNM Pension Fund.
Membership of the FNM Pension Fund provides for contributions paid by the Company, in the amounts established by the specific agreements entered into between the companies and the Trade Union Organisations. For employees taking up their first employment after 28 April 1993, the full amount of the severance pay provision (TFR) must be transferred to the Fund, whereas employees whose first employment dates back to before 29 April 1993 may choose to transfer only part of their TFR. The FNM Pension Fund does not require mandatory contributions from employees, who may nevertheless choose to make voluntary contributions at an amount of their own choice, in accordance with the provisions of Legislative Decree No. 252/2005. It is also possible to allocate to the Fund any amounts resulting from the conversion of the welfare bonus.
The FNM Pension Fund offers two investment options (fund compartments), each characterised by its own risk/return profile:
- Insurance Fund Compartment; The investment strategy aims to achieve, with a high degree of probability, returns at least equal to those of the TFR (severance pay provision) over a multi-year time horizon. The presence of a guaranteed minimum return makes this option suitable for individuals with a low risk appetite or those approaching retirement.
- Equity Fund Compartment; This investment strategy is designed to meet the needs of individuals seeking higher returns over the long term and willing to accept greater exposure to risk, including a certain degree of variability in annual performance, or those who are still a long way from retirement.
- monthly contributions paid by the Company;
- no mandatory contributions required from employees;
- tax deductibility;
- preferential tax treatment of investment returns;
- the possibility of requesting early withdrawals;
- preferential tax treatment of final pension benefits.
FNM supplementary fund
FNM supplementary fund
FNM supplementary fund
The Group’s companies pay a monthly contribution to the institution, calculated based on the social security taxable base of their workforce.The Group’s companies pay a monthly contribution to the institution, calculated based on the social security taxable base of their workforce.
Key services:
- Direct-payment services with increased reimbursement
- Over 10,000 affiliated centers throughout Italy;
- Access to discounted rates;
- Provision of health and social-care subsidies
- Long-Term Care insurance coverage
- Major surgical procedures
Level II Benefits:
coverage that can be activated through contributions paid by enrolled members:
- Interventions
- Prevention
- Medical aids/devices
- Care and therapies
- Dental care
- Social care services
provision of subsidies for workers
ALMA, FNM’s Welfare Program
ALMA, FNM’s Welfare Program
- Reimbursement of educational expenses for members’ children
- Language courses for members and their children
- Reimbursement of university and master’s degree expenses for members’ children
- Academic guidance services for members’ children
- Study support services for members’ children
- Leisure-time training
- Financial literacy programs
Prestazioni bilaterali:
- Servizio 730
- Sussidio alla natalità
- Sussidio di matrimonio degli associati e dei figli
- Sussidio funerario per decesso degli associati
- Contributo alla genitorialità
- Contributi e master universitari degli associati
- Vacanza studio
- Camp estivi
leisure and recreational organization
FNM Corporate Recreational Club
FNM Corporate Recreational Club
The Ferrovie Nord Milano Corporate Recreational Club is a social promotion association, established pursuant to law 12.07.2000 n. 383, in order to promote, manage and coordinate recreational, cultural, tourist, sports, social and welfare activities at the various association levels in order to raise the quality of life and the personal and collective growth of employees and pensioners of the Group Companies FNM and their respective families.
Membership of the CRA FNM for employees is free. The Group’s companies pay a monthly contribution calculated based on the annual total payroll of their workforce.
Main areas of activity:
- welfare and social services;
- cultural;
- sports and recreation;
- tourism;
- commercial and partnership agreements;
Regulations and commitment of the FNM Group
The “Consolidated Work Safety Act” (Legislative Decree 81/2008) was drafted in full compliance with the philosophy of the community directives focused on the planning and participation of all the subjects involved in the work.
The FNM Group’s RSPP (Protection and Prevention Services Manager), assisted by external bodies, has the role of preventing and eliminating risks and informing and training all workers.
Employer obligations
The employer must first take into account the skills and conditions of each worker when delegating tasks. The employer must also appoint a qualified doctor to carry out health surveillance and must send the workers to have periodic medical examinations.
Subsequently, the employer must ensure that each worker receives adequate information about health and safety risks at work, about the specific risks that they are exposed to in relation to their particular work, about safety regulations and company regulations on the subject and finally about procedures regarding first aid, fire fighting and evacuation of workplaces.
Safety as a fundamental value
Improved quality of life has led to growing attention to safety: companies now feel the need for a new philosophy regarding safety at work.
Not only that: the safety of passengers and all those who rely on FNM is of central importance in the group’s mission.
Protection of workers' health
All of the employees of the FNM Group’s companies have the opportunity to undergo optional preventive medical examinations, including flu vaccination campaigns. They are also obliged to undergo medical examinations to prevent occupational illnesses and to verify that they do not have a substance addiction and have not taken narcotics.
The RSPP and qualified doctor also analyse the working environment and manage the continuous improvement of workers’ health and safety conditions: they must optimize working conditions, reduce the possibility of injuries to workers and adopt hygiene and health protection measures..