Al-Rafidayn decides to transfer the advances of retired employees and deduct them from the pension
10:09 - 04/02/2020
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The information / Baghdad ..
The Rafidain Bank decided, on Tuesday, to transfer the financial obligations of the personal electronic advances of the referred employees to retirement, to be deducted from the retirement salary, in consideration of their living conditions.
The bank’s media office said in a statement that it received “the information”, a copy of it, that “the bank has transferred the monthly installments of electronic advances to the retirement salary as the monthly deduction from the retirement salary for the employee who is referred to retirement continues according to electronic mechanisms determined in cooperation with the General Retirement Authority” .
The statement added, "The bank has suggested to the employee who is retired that if the full amount of the advance is paid, he will be exempt from the remaining interest except for one month." Ended / 25