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Pension Authority: The salaries of retirees will reach 800 thousand dinars minimum
Economy News Baghdad
The General Retirement Authority confirmed that the salaries of retirees will continue to be paid with a card card and will not be replaced except by the retiree's wishes. The retirement pension will reach 800,000 dinars at a minimum according to the new pension law.
"According to the meeting held by the Central Bank of Iraq to obtain the approval of the Central Bank to adopt the product MasterCard in the payment of salaries of retirees, it was decided to continue to pay the salaries of retirees with the card (electronic card) and not to replace the card Others only at the request of the retiree and written request from him and not to force any retired to replace the card. "
The Authority also decided to adopt the electronic payment card Mastercard (a fingerprint with a secret number) issued by the Rafidain Bank with the International Company for smart card in the payment of retirees retired new retirees.
In turn, the head of the body Ahmed Saadi, in a press statement followed by "Economy News," that "the new pension law is still under discussion between government and parliamentary bodies in order to provide a fair segment of retirees," noting that "the parliamentary orientation will be about to approve 800 thousand dinars to 750 thousand Minimum wage for pensions, provided that the law is passed during the new year because the land is ready for that. "
"The new law proposed that the retirement age for men be 63 years compulsory and optional and 45 years while women will have 55 years compulsory," Saadi said.
On the accusation of the Commission to cause the loss of salaries of retirees last month, Saadi said that "it is inaccurate that the salaries of retirees linked to a banking system and government and accurate monitoring can not be manipulated at all."
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