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Labor explains the categories of subscription income and amounts in the optional retirement guarantee
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Baghdad Today - Baghdad
The Ministry of Labor and Social Affairs issued, today, Saturday (July 20, 2024), a list of categories of participation in the optional retirement insurance, indicating that the state will contribute 15% of wages in order to ensure a decent life for subscribers.
The list included 15 categories according to the salary amount, starting from the minimum wage of 350 thousand dinars and up to 1 million and 750 thousand dinars, where retirement deductions will be cut on a monthly basis from the lowest, which is 17,500 dinars, up to 87,500 dinars, each according to his category, as shown in the list below:
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