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Parliament discusses reducing retirement years to 15 years

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Baghdad / Orr News

House intends to enactment of the social guarantees which will give the right to any employee to retire when his service exceeds 15 years.

A member of the Finance Committee MP Abdul-Hussein al-Yasiri that the committee would be submitted to parliament for social security law to be discussed and voted on during the coming period after the legislative recess. Yasiri pointed out that the law will give all staff in institutions and government departments right retirement employee access to 15 years of service, noting that the law would give pensions to employees who wish to retire from their constituencies and by the rate of salary given to him from his constituency.

He explained that the rate of service employee for about 15 years will end his legitimate retirement after the retirement rate was calculated at 25 years for all staff. Yasiri said the law will determine pensions for employees Referred wishing provided that pays a share of the pension to the state social collateral. A member of the Finance Committee that the Social Security Act will not be granted any pension for the one who owns the service less than 15 years, since the process of developing mechanisms final law for submission to the House of Representatives.

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