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VESTED RIGHT/ACQUIRED RIGHT

ITALY
DIRITTO ACQUISITO
VESTED RIGHT/ACQUIRED RIGHT

Right which has become established as one of the legal rights of a worker and which can therefore not be taken away by subsequent collective bargaining .

This concept has been arrived at by interpretation and its application in the courts is not rigid: in general, rights are deemed to be vested when their financial effects are already entirely in favour of the worker and their cancellation or modification in pejus would result in a concrete and immediate loss, not just a potential loss, for the worker concerned.



Please note: the European industrial relations glossaries were compiled between 1991 and 2003 and are not updated. For current material see the European industrial relations dictionary.

Page last updated: 14 August, 2009