Experts: Retirement Act will clarify the picture for future labor market

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Asher number of economists, the importance of the new pension law and he carries a lot of pros to arguing the need to review some of the paragraphs of that Committee is some ambiguity, especially ăÇíÎŐ term jihadist Service

Ten Rules

Dr. Mehdi al-Hafez and Minister of Planning of former pointed out that the project deals with ten applicable laws in the current legislation should address the relationship between them and the proposed text are allowed to pass the best formulas and practical arrangements and rationality to the provisions of these laws in the project's future pension law year. Pointed to the importance of organizing the relationship sector private law in light of a weakness in the application of the legislation on economic institutions that shy away from recording their commitment to and implementation of labor laws in force.

Social Security

He pointed out that the law requires the inclusion of workers in more than 135 thousand private enterprise laws social security no later than المشمولون actually 127 thousand workers in the private sector. Went Hafez to say: that the welfare state that is being talked about is true for Iraq on the grounds that the country depends entirely on the wealth of the country which include oil and gas, adding that the country can not move unless it finds appropriate formula for Social Welfare ie, that the distribution of wealth in Iraq is essential in this context.

Service jihadist

He noted Hafez subject of another associated retirement law a jihadist service theme, which promise a matter that needs to develop criteria and mechanisms for determining the concept of jihad and mujahid to state belongs hand and this issue could trigger a debate between the political blocs.

State institutions

For his part, the financial expert, Dr. appearance of Mohammed Saleh currently prevailing system as a model needs to be integration, noting the need for consistency of the considerable resources available to pension and social security with the needs of the population and legal. Although he praised the law as a good start to establish what is known as the "state institutions" pointing out that he puts the economic base and the consolidated financial to deal with the labor market, allowing the growth of a balanced environment, national criticizing some elements of the bugs that still need to be addressed, including disguised unemployment of up to 28 percent of the labor force Iraqi him. Saleh added that Iraq is one of the top countries in the number of employees indicating that the proportion of salaries to the population and the percentage of employees reach of the general budget 60 percent. and اشارالى that government support have up to 47 percent, adding that the positive thing in the law of new retirement is that it is united between categories of retired prior to 2008 and beyond.

Essential point

He pointed to the second point, which put an end to a minimum pension of 400 thousand dinars, indicating that this limit is built on the basis of the share of the budget of the GDP, which is 60 percent, and on this basis has been granted 60 percent of the per capita gross domestic product, which is estimated at 6600 dollars per year Valmottagaad earns 60 percent the rate of per capita and the standard good measure. afterthought because we were looking forward to the pension fund and this has been achieved., and pointed out that the law puts Iraq in front of the welfare state its image right through the consolidation of salaries promised this matter point core .. He explained that the pension fund referred to in as long as the law came out of the mantle of the general budget of the state, it means that we will have the market and the state and the individual, indicating that the private sector will work is another pension rights and creates a real market operating principles of the market. He said the law will help create uniformity between state and society and mature vision of the future of the labor market through the establishment of a minimum pension and did not put an upper limit because of the special laws guaranteed by these can be addressed because it is related to the allotment.

Advantages of positive

For its part, indicated Dr. Fawzia Al-Attiyah, a professor at the University of Baghdad to the bill Unified Retirement includes many positive benefits, especially if the number of retirees of approximately two million, pointing out that 78 percent of them are paid no more than 220 thousand dinars per month. Said al-Attiyah said the project includes significant gains for retirees and dropped a lot of differences between them afterthought that there are some observations concerning the law, including that of the service jihadist What is the concept of All Iraqis struggled both overall system or through their insistence on staying in Iraq, and this should not distinguish between the Iraqis and اخرعلى she said. noting that the second observation is that the law Select the legal retirement age is 63 years old and this does not apply to all specialties, especially university professors try to be aged university professor assignable to retirement is 70 years old and it must reconsider the law of retirement according to the needs of society and the role of each institution of government institutions through the use of consultants specialists.


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Excuse me guys !!! Wish u would hurry up my self and a few of my friends would like to retire too $$$$$