#####Completion of the draft pension law

Admin Wed Jan 16, 2013 7:25 pm

01/17/2013 12:00 am

BAGHDAD - Muhannad Abdul Wahab
The parliamentary legal committee announced the completion of study Unified Retirement Law and sent to the Council of Ministers.

The committee member said Magda Abdel-Latif al-Tamimi told of "Brief Center for the Iraqi Media Network": "The committee is waiting to restore law for the observations received by the Council of Ministers before reading and voting on it soon."

Tamimi showed that "the Committee addressed the government to install allocations disbursed in 2013 for retirees of financial exuberance that will be subject to a vote in the event rated allocations will be ready."

She said the "customizations size depends on the abundance of existing financial and viable flexible body has developed a retirement 20 percent increase for pension", denying that the size of the pension increase 400 to 500 thousand minimum.

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