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Reducing the retirement salaries of senior officials in the region by 50%
- Time: 08/20/2021 11:17:00
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{Local: Al Furat News} The Directorate of Public Retirement of the Ministry of Finance and Economy in the Kurdistan Region decided to reduce the salaries of members of Parliament, ministers, deputy ministers, advisers and retired general managers by 50%.
According to a letter appended to the signature of the Director of Public Retirement in the Region, Hazem Ismail Ramadan, issued on August 18, the salaries for this month will be distributed to the aforementioned positions under Reform Law No. 2 of 2020 in the margins of the Minister of Finance and Economy.
Ramadan explained that these positions will be paid their pension according to the amended reform law.
In 2020, the Kurdistan Parliament approved the reform bill for retirees' salaries, allocations, and other privileges.
The Finance Committee of the Kurdistan Regional Parliament had announced that the approval of the draft law on pension and appropriations reform would provide $200 million annually to the Kurdistan Regional Government.
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{Local: Al Furat News} The Directorate of Public Retirement of the Ministry of Finance and Economy in the Kurdistan Region decided to reduce the salaries of members of Parliament, ministers, deputy ministers, advisers and retired general managers by 50%.
According to a letter appended to the signature of the Director of Public Retirement in the Region, Hazem Ismail Ramadan, issued on August 18, the salaries for this month will be distributed to the aforementioned positions under Reform Law No. 2 of 2020 in the margins of the Minister of Finance and Economy.
Ramadan explained that these positions will be paid their pension according to the amended reform law.
In 2020, the Kurdistan Parliament approved the reform bill for retirees' salaries, allocations, and other privileges.
The Finance Committee of the Kurdistan Regional Parliament had announced that the approval of the draft law on pension and appropriations reform would provide $200 million annually to the Kurdistan Regional Government.
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