October 22, 2009
Finance expects to ratify soon the law of retirement
The amount of increase in salaries associated with increased inflation بغداد - وفاء عامر BAGHDAD - Wafa Amer
Forecast of the Ministry of Finance approved by the Council of Representatives to the law to raise the salaries of retirees during the next few days, while affirming that it has created programs and plans for the disbursement of the increase from next month retroactively.
The head of the national pension Owaid Ali Abbas in an exclusive statement to "Al Sabah" The proposed increase in the pensions provided by the Ministry of Finance a few months ago and was approved by the Council of Ministers, had been read a second reading in the House, noting that the continuous coordination between the Commission and Parliament to discuss the Such an increase. "The recent period has seen a lot of intensive meetings on the increase expected to be approved by the Council during the next few days, the law and in accordance with the procedures and the progress achieved in the discussions, while denying the existence of objections by the Finance Committee of Parliament on some paragraphs of the law .
Owaid confirmed that the Authority has prepared its own programs, regardless of the increase of pensions over the next month and organized forms regardless of the amounts and distribution among the banks based on the increase to be passed. He explained that the ministry has allocated the funds required for disbursement of the increase of about $ 500 million retroactively from the date of 2009 / 9 / 1, adding that determining the amount of the increase has been studied by committees composed of specialists and experts calculate that the rate of inflation of about (0.8) eight to ten percent, indicating the eagerness of these committees to achieve a balance between the salaries of retired staff and their counterparts in continuous service.
