Financial Committee Report On Amendment Of Social Security Law To Reduce Retirement Age

29 June 2017 Kuwait

In the frame of coordinating for the next parliamentary session, sources have pointed to constant consultations among members of the parliament to accomplish the Financial Committee’s report on amendment of social security law to reduce retirement age, which is currently insured without considering the age limit, reports Al-Anba daily.

The same sources added the law permits early retirement with pension without considering the age at which a person retires, indicating the retirement age of men will be after 25 years of service and that of women 20 years. With regard to government’s rejection of the law, sources mentioned that members of the parliament have committed themselves to pass it regardless of the stance adopted by government in that concern, and the parliamentarians’ move will be in accordance with the constitution, its regulations, and the majority’s decision.

SOURCE : ARABTIMES

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