The Ministry of Labor is a progressive pension system for the private sector
The Minister of Labor and Social Affairs, Bassem Abdul-Zaman, announced that the next private sector pension system will have a significant impact on easing the pressure and moving towards the public sector, because of the retirement benefits similar to the retirement benefits of government sector employees.
The Minister, during his chairing the meeting of the Decent Work Committee in the presence of a representative of the trade unions in [You must be registered and logged in to see this link.]: "The Ministry, within its strategy to eliminate unemployment and its quest to create a balance between the private and public sectors, has prepared a system of retirement for employees in the private sector integrated professional and practical, Implementation, a clear shift towards the establishment of private projects by job seekers. "
"The ministry is in the process of signing a memorandum of understanding with the International Labor Organization (ILO) regarding decent work. It is awaiting the observations of the social partners, unions and federations, on the memorandum and the most important of which is the definition of the commitments between the two parties."