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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The inclusion of private sector workers in retirement rights

    Rocky
    Rocky
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    Posts : 272448
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    The inclusion of private sector workers in retirement rights Empty The inclusion of private sector workers in retirement rights

    Post by Rocky Tue 22 Aug 2017, 4:09 am

    The inclusion of private sector workers in retirement rights



    BAGHDAD (Reuters) - Iraq's government said on Tuesday it had passed a bill to ensure private sector workers are covered by social security and retirement rights.

    Saad al-Hadithi, a spokesman for Al-Abbadi's media office, said in a statement received by the "Economy News" that "the cabinet approved the draft social insurance law, which will contribute to ensuring decent living for those covered by its provisions and will expand the umbrella of social protection and increase the area and numbers covered by social security."

    He added that the project "will open doors for private sector workers and professionals to enter the social security system and include new segments and groups of workers are weak and provide appropriate security and secure the future for the family, which supports the values ​​of social solidarity."

    "The draft law will also ensure an environment suitable for financial sustainability and the protection of successive generations in accordance with international standards in the field of social security."

    He pointed out that "the government approved the draft Social Insurance Law envisages activating the role of the private sector and enabling it to perform its economic and social functions in achieving economic growth and recovery. It also seeks to prepare for equal transfer to and from the public and private sectors without losing any salary or privileges. Privileges will facilitate the transition of workers between the two sectors and will help ease the pressure on the state to provide jobs. "

    "The bill provides for guaranteed income for the insured in the public and private sectors and for their successors in retirement, disability, injury, old age and death."    

    He pointed out that "under the provisions of the law will be established the Social Insurance Authority and the Social Insurance Fund in order to calculate and complete - the amounts of contributions deducted from the insured for 7. / of the total and the contributions borne by the employer equal to the equivalent of 13% of the monthly wage For the insured - and the retirement of pension rights for insured persons referred to retirement.

    The draft law also includes various branches of social insurance, including: retirement insurance, old age and death, work injury insurance, illness insurance as well as health insurance in addition to maternity insurance for working women.  

    He pointed out that the bill obliges the employer to pay the insured or his insured contributions and contributions for the entire period of interruption of the insured when the contract of employment is suspended due to illness or situation for working women or any other legitimate cause and the period of interruption mentioned as a service The bill approved by the Council of Ministers for the insured shall guarantee the employer full sick leave at the rate of 30 days per year. The insured working woman of the employer shall also be entitled to maternity and maternity leave for fourteen weeks.

    The social insurance bill stipulates that it is not possible to sell, transfer, grant or license the profession, or register it for renewal, except after the social insurance company notices and obtain a certificate of acquittal for any of the companies, factories or factories. The financial services are obliged to refrain from paying any entitlement to the employer Or the contractor or the investor unless proven guilty, and the employers covered by social insurance provisions are obliged to provide the Commission with adequate data on the insured according to the forms prepared by the Commission for this purpose, provided that these data are identical to their records maintained by medicine The labor law and contributions shall be computed accordingly.

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