Parliamentary work of / NINA/: New amendments to the Social Security and Workers' Retirement Law
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Member of the Committee, Representative Amir Al-Maamouri, stated, in a statement to the National Iraqi News Agency ( NINA ), that “the Retirement and Social Security Law is one of the important laws included in the current chapter, and there have been extensive discussions of the law since the previous sessions, where it was read, but without a final vote due to disagreements about some paragraphs.
He added, "The parliamentary committees hosted the concerned authorities and also deliberated with the International Labor Organization regarding the provisions of the law, noting that the law is not exhausting for owners of companies, laboratories or the private sector."
He explained, "The law includes all private sector workers in various professions, and also includes amending the retirement age to be 15 years, and it also allows workers of various professions to guarantee himself directly without returning to the employer as in the previous law, "noting that" the worker has the right to receive the pension salary, even if his service was only for two or three months and he was injured as a result of work or an accident, where his family can promote a retirement transaction to receive and other privileges.
On the pension contributions, a member of the Parliamentary Committee clarified, “The first part of it relates to the worker in a company or factory, and 5% of the worker and 12% of the owner of the concerned company are deposited in the retirement fund, and the worker can transfer his service from the private sector to the public sector for the purposes of the bonus in the future. promotion and retirement.
He added, "The other part is related to the voluntary guarantee, as the worker will bear the rate of 5%-7%, provided that the state bears a small part to finance the fund in accordance with a special law regulating the process of its management and investment of its money."
Regarding the ceiling of the obligations to implement the new law, Al-Maamouri stressed that “all companies are obligated to submit financial disclosure and tax accounting, and it is not possible to evade this, as it is obliged to guarantee all its employees.” adding, “If it turns out otherwise, and that the owner of the company is not a guarantor of the workers, he will be held accountable.” Legal and financial, and the law includes penalties for company owners.
The House of Representatives began the first reading of the draft law in its session held last Saturday./ End 5[/rtl]