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[size=36]Baghdad Chamber of Commerce regarding the new labor law: it includes investment repellent materials[/size]
political| 01:26 - 05/12/2023
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Baghdad - Mawazine News,
the head of the advisors to the Baghdad Chamber of Commerce, Maitham Al-Bolani, revealed points in the new retirement and social security law for workers, considering them repelling investment.
Bolani said in a statement, a copy of which Mawazine News received: "The final and final appeal to employers and all representatives of the private sector. My message is to the deputies of the Economy, Industry and Trade Committee and the Investment and Development Committee in the House of Representatives, and to all representatives of the private sector and to all business owners in the private sector." I will summarize for you the most important points that would repel investment and serve as a setback in the history of the private sector and the entire business sector, as follows:
Article 11: The wage subject to the guarantee was calculated as the original wage and allowances, and this is a disaster, and everyone knows that the salary is something and the allowances are different in the form of incentives and others This will be a negative factor for the worker who receives allowances and incentives.
Article Four: First: It stipulates that the financing of the department be from the fund, and this is a disaster, meaning that the fund will be the milking cow with appointments, spending, extravagance, etc.
Article Six First: The fund's board of directors is unequal, as government representatives are more than representatives of the private sector. Thus, the representation of the private sector on the board is useless and does not achieve the goal of representation.
Article Nine Third: I considered that the Fund’s debts are excellent debts and are collected in accordance with the Law of Collection of Government Debts, and there is no problem with it, but the subscription contributions are included within this bank, which means that those who are late in paying the subscription will be subject to seizure of movable and immovable funds, travel bans, etc. as soon as they are late in paying the subscription, and therefore Subscription amounts should be excluded from this item.
Article 14 Fourth A: It was allowed to distribute incentives to the Fund’s employees at 2% of the cash surplus, which means that the surplus this year may be one trillion dinars, meaning that the incentives are 20 billion divided by the number of employees 300, meaning that each employee will get 66 million dinars annually, and this thing will make All employees are salivating to be employed in this department.
Article 17 Second: It did not give powers to exemption from fines for various reasons and in force majeure circumstances that the employer is exposed to.
Article 20 and Article 21, first and second of the law: All withdrawals, arrests, buying and selling, and any legal actions of companies, contractors, and factories have been suspended, except after obtaining a clearance from the guarantee department. Contractor for late fines, and this is unfair to the private sector in light of the existence of the paper system, routine, and miserable bureaucracy that we deal with every day in state departments. Therefore, it is better to approve the monthly payment receipt or give the department’s data base to other departments to clarify the positions of companies, factories, and the private sector.
Article 48 First: The employer is charged with transporting the injured worker, as if the employer is a specialist doctor or an ambulance, and the employer should have been obligated to deliver the patient to the nearest health center because the health center and hospital are the ones specialized in treatment, not the employer.
Article 71 First, it was possible to reconsider and increase the age of the person wishing for the voluntary insurance in order to attract the largest number of workers to the insurance.
The penalty mentioned in Article 99 first, which is 5 million dinars, might be very large, and it would have been better to observe it, while canceling the condition of a fine of five times the value of the subscriptions for the first time. And this condition is in the event of repeating the violation.
Article 110 of the law is considered one of the most dangerous articles in it, which is that the department has given itself the right to establish an independent bank away from the approvals and oversight of the Board of Directors, and this represents a danger to the fund’s money and the money of workers in the private sector _ the law did not address any incentive for the private
sector For example, pardoning previous fines so that we can encourage the private sector to start anew
. Article 107 of the law imposes a fee of 2 million dinars on each foreign worker. This is unfair and discourages investment and discourages investors and manufacturers.
_ The law did not give privileges to the worker in the private sector, similar to the privileges of the public sector, the most important of which is the right to guarantee the purchase of a housing unit or withdraw a loan to build a house for him and his family.
the head of the advisors to the Baghdad Chamber of Commerce, Maitham Al-Bolani, revealed points in the new retirement and social security law for workers, considering them repelling investment.
Bolani said in a statement, a copy of which Mawazine News received: "The final and final appeal to employers and all representatives of the private sector. My message is to the deputies of the Economy, Industry and Trade Committee and the Investment and Development Committee in the House of Representatives, and to all representatives of the private sector and to all business owners in the private sector." I will summarize for you the most important points that would repel investment and serve as a setback in the history of the private sector and the entire business sector, as follows:
Article 11: The wage subject to the guarantee was calculated as the original wage and allowances, and this is a disaster, and everyone knows that the salary is something and the allowances are different in the form of incentives and others This will be a negative factor for the worker who receives allowances and incentives.
Article Four: First: It stipulates that the financing of the department be from the fund, and this is a disaster, meaning that the fund will be the milking cow with appointments, spending, extravagance, etc.
Article Six First: The fund's board of directors is unequal, as government representatives are more than representatives of the private sector. Thus, the representation of the private sector on the board is useless and does not achieve the goal of representation.
Article Nine Third: I considered that the Fund’s debts are excellent debts and are collected in accordance with the Law of Collection of Government Debts, and there is no problem with it, but the subscription contributions are included within this bank, which means that those who are late in paying the subscription will be subject to seizure of movable and immovable funds, travel bans, etc. as soon as they are late in paying the subscription, and therefore Subscription amounts should be excluded from this item.
Article 14 Fourth A: It was allowed to distribute incentives to the Fund’s employees at 2% of the cash surplus, which means that the surplus this year may be one trillion dinars, meaning that the incentives are 20 billion divided by the number of employees 300, meaning that each employee will get 66 million dinars annually, and this thing will make All employees are salivating to be employed in this department.
Article 17 Second: It did not give powers to exemption from fines for various reasons and in force majeure circumstances that the employer is exposed to.
Article 20 and Article 21, first and second of the law: All withdrawals, arrests, buying and selling, and any legal actions of companies, contractors, and factories have been suspended, except after obtaining a clearance from the guarantee department. Contractor for late fines, and this is unfair to the private sector in light of the existence of the paper system, routine, and miserable bureaucracy that we deal with every day in state departments. Therefore, it is better to approve the monthly payment receipt or give the department’s data base to other departments to clarify the positions of companies, factories, and the private sector.
Article 48 First: The employer is charged with transporting the injured worker, as if the employer is a specialist doctor or an ambulance, and the employer should have been obligated to deliver the patient to the nearest health center because the health center and hospital are the ones specialized in treatment, not the employer.
Article 71 First, it was possible to reconsider and increase the age of the person wishing for the voluntary insurance in order to attract the largest number of workers to the insurance.
The penalty mentioned in Article 99 first, which is 5 million dinars, might be very large, and it would have been better to observe it, while canceling the condition of a fine of five times the value of the subscriptions for the first time. And this condition is in the event of repeating the violation.
Article 110 of the law is considered one of the most dangerous articles in it, which is that the department has given itself the right to establish an independent bank away from the approvals and oversight of the Board of Directors, and this represents a danger to the fund’s money and the money of workers in the private sector _ the law did not address any incentive for the private
sector For example, pardoning previous fines so that we can encourage the private sector to start anew
. Article 107 of the law imposes a fee of 2 million dinars on each foreign worker. This is unfair and discourages investment and discourages investors and manufacturers.
_ The law did not give privileges to the worker in the private sector, similar to the privileges of the public sector, the most important of which is the right to guarantee the purchase of a housing unit or withdraw a loan to build a house for him and his family.
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