Financial" Representative intends to cover the increase they knew Panel retired budget
parliamentary Finance Committee to allocate an amount to cover the
increase granted to retirees under the federal budget for 2013 the next
pending the adoption of the law on this slide, the law will include
workers in the public and private sectors.
is a member of the Finance Committee, Najib, Risalat (long press), that
there is a "trend in the Committee to monitor the financial allocations
through transfers between sections of the budget if the Government
delayed sending the Insurance Act would be an alternative to the
retirement law to Parliament during the current month", noting that
"possible retroactive law legislation if delayed law-and-order budget
said that the insurance would cover employees in both the private and
public sectors ", expected to" lead to a reverse migration of the public
sector to the private financial guarantees as in the case of
Government-as is the case in most countries of the world. "
Financial Committee member, explained that "in the private sector will
have under the new law the pension rights even in the event of death
before reaching the retirement age", saying that "the Executive Branch
should force private companies to pay a monthly service retirement to
cover its benefits as do Government agencies".
Committee member demanded Najib a number of political blocs Government
Superannuation Act should be sent to Parliament before the end of this
year so that the deputies read before the financial budget for the
allocation of funds within the fiscal budget for 2013.
decision of the Council of representatives of Iraq, Mohammed Khaldi,
called on the Government, during a press conference, on 15 December,
attended by (range), to send a unified retirement law to the Council
during the year 2012, in preparation for discussion and approval, and
stressed the need for the draft law to recognize that the Council
monitor the necessary financial allocations and transfers.
former spokesman for the Government to Al-Dabbagh, announced, on 9
October, the Cabinet's approval of the second amendment Bill to the law
of retirement consolidated No. 27 of 2006.
parliamentary Finance Committee predicted, (12 July 2012), the adoption
of the Act by 2013, saying the new law will address the negatives all
contained in the applicable law.
student member citizen Parliamentary Bloc of the Islamic Supreme
Council Ammar Hakim, led to the inclusion of workers in the private
retirement Commission, announced in plenary (10 November 2011), the
Prime Minister form a higher Committee composed of legal experts and
specialists from the retirement Board and the Ministry of finance and
the Ministry of planning to prepare a new draft of a uniform law on
pensions covers the public and private sectors.
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