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A parliamentary source: the law raises the minimum pension to 400 thousand dinars

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Author: Al-Bayan wrote: July 23, 2013:

A member of the Finance Committee Ihsan al-Awadi, on Monday, that the minimum in the new pension law 400 thousand dinars, stressing that the law exists to the State Council and is expected to be sent to the House of Representatives within two weeks.
He said al-Awadi, the site "obelisk" that "the most important what is in the law of new retirement is to raise the minimum pension to 400 thousand dinars, with a new formula for calculating the pension of up to 100% of those who reach their service 40 years in addition to the indemnity for those amounting to serve 35 years and to ensure that the pension rights of the contractors who die during service. "
He added, "There are a lot of material that we believe it fair for many segments, including the re-appointment of retired and this material did not exist in previous laws."
He explained that the "delayed retirement law happened because of disrupting the government in the preparation of this law has been the formation of the committee that prepared the final draft on May 15, 2013 It is located in the State Council," expected to "approved by the Shura Council in two weeks to be sent to the House of Representatives," noting that "there is a real intention of the House of Representatives to approve the law as soon as possible because it is very important."
And the change in the retirement years retirement age Jubouri said, "This is it so different now, and there are several proposals for the organization of peace pension by years of service (28, 30, 33) and will discuss the matter in the House of Representatives."
The First Deputy Speaker of Parliament Qusay al-Suhail has called for rapid approval of the pension law in the coming period.


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