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Economic calling on the government to speed up parliamentary sending the new pension law to be included in the budget of 2014


yota691
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Author: MK 
Editor: AHS, RS 
06/07/2013 15:04 
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Range Press / Baghdad 
Economic Commission demanded the House of Representatives, on Saturday, the federal government to speed up sending "the new retirement law" to the House of Representatives to be included within the budget of 2014, as pointed out that this law will provide a large number of grades for young people. 
A member of the Economic Committee House of Representatives Abdul Hussein Abtan during a press conference the parliament building and attended (range Press), said, "Millions of pensioners are waiting for the release of the pension law unified, but it was not up to the House of Representatives so far," adding that "the bill if arrived been applied will save tens of thousands of youth grades. " 
Abtan said that "the government is required to expedite sending the pension law common to the House of Representatives, because of important laws," stressing the need to send it through this month or the next couple of months to be included in the budget of 2014. " 
The mass of the citizen representative, Tuesday July 2, 2013, the federal government "to send the pension law new" to the House of Representatives for a vote, and called for calculating law "retroactive effect from the beginning of this year," emphasizing the need to make "less pension (400) A. dinars, "and indicated that it" supports the "abolition of pensions for parliamentarians. 
The Ministry of Finance confirmed on Monday the first of July 2013, the minimum pension will be 400 thousand dinars, and according to the law of the new cabinet, while indicated that he hoped to vote on the law within the next few days before the House of Representatives. 
The Minister of Finance Agency Ali Shukri, it was revealed on May 20, 2013, for "near increase the salaries of retirees, according to a new law being studied by the State Council, and stressed that" the law of new retirement "will be sent soon to the Council of Ministers for approval, as pointed out The new law will ensure that a limited increase in the salaries of retirees. 
The Iraqi Association of Retired Persons in Babylon threatened, on 19 May 2013, to go out in demonstrations and sit-ins end of this month in all provinces in the absence of the adoption of the pension law, expressing surprise at "the insistence and stubbornness" Parliament not to vote on the law, retirement, and accused the parliamentarians "of lying during the period elections to kidnap retired votes ", showed that the salaries of some retirees" less than average level of the poverty line "in Iraq. 
The decision of the House of Representatives called Mohammed al-Khalidi, in (8 May 2013), the Iraqi government to accelerate the sending of the draft law of service and retirement to the Board for the purpose Aaqrarah, and confirmed the existence of the draft in the Council of State. 
And carried the Economic Committee in the House of Representatives, in (7 February 2013), the government responsible for not sending unified pension law to parliament, accused the government agencies to "attempt to" delay the adoption of the law and not an amendment in the salaries of this slide. 
The MP for the mass citizen Abdul-Hussein Abtan said, in (January 13, 2013), that the House of Representatives is waiting for more than 45 days a draft amendment to the pension law that remained shuttling between the Council of State and Council of Ministers, "noting that" the House of Representatives agreed on pass the law if arriving from the government. " 
Carry as MP for the Kurdistan Alliance Dler Hassan, on 15 December 2012, the central government responsible for the late adoption of the pension law to not send the law to the House of Representatives, likely not the possibility of applying the law of new pension in the budget year 2013 for non-included items special accommodate increases provided to retirees. 
The Iraqi Council of Ministers decided, in (9 October 2012), to approve the bill the second amendment to the Unified Retirement Law No. (27) for the year (2006). 
They expected the parliamentary Finance Committee, (12 July 2012), that the adoption of the new pension law will deal with all the negatives that are currently contained in the applicable law. 
 Hundreds of retirees of Iraq has demonstrated, on 14 December 2012, in Tahrir Square in central Baghdad and Diwaniya province to demand the enactment of a law the public pension and non-discrimination in and improve their living conditions, while raised slogans and banners condemning the negligence of government to slice retirees, confirmed that the majority of retirees are now living under the the poverty line because of unequal salaries with price rises of living in the country. 
The Ministry of Planning, in September of 2011, the House of Representatives in the process of enactment to make the issue of charging retired 80% of his salary in the job, as this law applies to all employees who have been referred to retire before the adoption of this law and beyond. In spite of the increases in the salaries of retirees since 2003, but it does not meet the needs of the retired pension in light of the high prices in the markets, which demanded a lot of them to re-consider their pensions.

 

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At this point redenomination may be the best thing for the Iraqi people.  They are going to pass the pension law and the minimum monthly pension will be 400 million Dinars.  Move the exchange rate to 1000 Dinars to one US Dollar and drop the zeros.  The next day the Iraqis wake up and have 400 Dinars per month with the buying power of $400 US Dollars on their Smart Cards.  At least.  That is the smallest pension.  The poverty levels are reduced overnight.  The Iraqis have more buying power and over the next year or two there are more things to buy.

 

Not as good for us speculators, but at least we get most of our money back.  Maybe now that Citibank is in there we won't have to go through a dealer to exchange outside of Iraq so there will be a smaller spread.

 

Just do something.  Please!

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