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[ltr]2017 budget commits the retirement body regardless Referred salaries to retire under the age of 50 years[/ltr]
[ltr][You must be registered and logged in to see this image.]Baghdad -arac Press -7 December: obliges the federal budget for 2017 approved by the Iraqi parliament in a session on Wednesday , the public pension body regardless Referred salaries to retire under the age of 50 years retroactively, and whose body paychecks halted by since last August underthe guidance of the Ministry of Finance.
According to the text of Article 18 of the Budget Law , paragraph (f) as follows: -
" The National Pension Commission is liable to pay pension benefits for both was to retire without the [50] Fifty years of age of corporate officers and general directorates self - funded and that receive a grant from the public treasury of the State from the date of retired and is committed to the Ministry of Finance to pay the difference Toukavathm pensions to the pension fund.
On the first of November last House of Representatives voted down a resolution to the pension disbursement to employees of self - financing companies exemption from the requirement to complete 50 years of age of retiring. And halted public pension body Referred paying salaries to the retirement of the loss - making companies since last August based on the new directives ofthe Secretariat of the Council of Ministers and the Ministry of Finance.
According to a statement the information department of the parliament, at the time, the Council voted on a parliamentary decision to ensure the continued disbursement of pension to employees of self - financing firms exception to complete 50 years of age requirement and retiring pursuant to the provisions of Article 12 of the Unified Retirement Law No. 21 of 2008 item III and who had previously Anvkoa from office until the issuance of the decision , which was based on the request of 71 deputies.
The parliamentary resolution included more than 10 thousand retired from the losers in the ministries of industry, agricultureand other companies and government companies. Ended (1)
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