2.5 million dinars minimum of three presidencies and retired deputies and parliamentarians

[TBomb]

2.5 million dinars minimum of three presidencies and retired deputies and parliamentarians

 

Thu Jan 30 2014 05:13 | (Voice of Iraq) -  Add a comment -  BAGHDAD / Mohammad Sabah 

Confirmed the Liberal parliamentary bloc, on Wednesday, to postpone the adoption of the Unified Retirement Law to the Saturday session and attributed it to "technical defect in the proceedings." 

Revealed that a member of the Liberal Unified Retirement will give the three presidencies and their deputies as well as members of the House of Representatives receive a pension equal to 25% of the last salary Tkadoh, asserting that the minimum will not be less than 2.5 million dinars. 

She pointed out that the mass service with special grades, who are less than 4 years, will be multiplied 4 times. 

So to carry the Kurdistan Alliance Chairman of the Finance Committee and leader of the coalition of state law, the responsibility of blocking the adoption of the Unified Retirement Law, stressing that the latter will change his positions, which led to controversy within the parliamentary committee and cause for concern the parliamentarians to focus on speeding up the discussion of the law. 

The Finance Committee confirmed, last November, that the Unified Retirement Law is ready to vote after the end of its second reading. 

The cabinet announced, in August last year, agreed to the Law on public pension and submitted to the House of Representatives, and among the law adopted on the principle of the abolition of the pension rights of the parliament and provincial councils, municipal councils, said he approved of pension rights for those working in the private sector, according to the Social Security Act. 

Commenting on this, MP Abdul Amir al-Mayahi, a member of the Finance Committee for the Liberal bloc, saying "the law of retirement will not be put to the vote at Thursday's meeting will be postponed to the hearing next Saturday because of a lack of some technical measures," adding that "the law contains more than Forty material and it would be valid from the date of its publication in the Official Gazette is not calculated retroactively. " 

And on the main items of the Unified Retirement Law, says illustrates Mayahi, in a statement to "long", that "the law stipulates that pensions for the three presidencies, which includes the President and his deputies, the Prime Minister and his deputies, ministers, parliament speaker and his deputies and members of the House of Representatives will count 25% of the last salary. "

He Mayahi "The law also stipulates that all or deputy minister has a service for four years and will double hit in two which makes the service up to 16 years." 

Attention is a member of the parliamentary Finance Committee that "pensions for the three presidencies will be 2.5 million dinars minimum for each of has a service for four years," noting that "everyone has the service outside of his work in the three presidencies will be added this service on his current calculated at 2.5% on each year of service. " He noted that "what applies to the three presidencies will apply to the deputy ministers, advisers and judges that will be added to them allowances at 150%." 

Indicates MP for the Liberal bloc that "the Unified Retirement Law will not allow the pension that exceeds 80% of the last salary he was receiving employee," a reminder to "calculate allocations for owners of certificates of diploma 5% and BA 10% and Masters 15% and doctoral 20%." 

A member of the parliamentary Finance that "the salaries of retired deceased (beneficiaries) will be similar to retirees as others will have a minimum of 400 000 dinars add a cost of living 15% and the certificate of study and years of service." 

In the meantime, MP Mahma Khalil, a member of the Kurdistan Alliance, Chairman of the Finance Committee responsible for obstructing the adoption of the Unified Retirement Law. 

Khelil said, in an interview for the "long" yesterday, that "MP Haider al-Abadi, head of the Finance Committee, is trying once in a while to change some attitudes and decisions about the pension law within the Commission," adding that it "pay members of the Committee to the preoccupation with these changing attitudes from time to time and led to the postponement of the vote on the law. " 

He Kurdistan Alliance MP said that "members of the Finance Committee began to complain of changing the attitudes of the Attorney-Abadi every week so that he comes to the positions of other controversial within the Commission", and called on the Attorney to "Do not use this law in the election campaign." 

Khalil stressed that "the Kurdistan Alliance will vote on the pension law if put to the vote at any meeting and we have no reservations on the adoption of the Unified Retirement Law."

Read more: http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D134629&usg=ALkJrhjKcY0mOV-mkVbuvmr_D35eu-0Xtg#ixzz2ruDH9Ltk

[bigwave]

Wow - pretty generous of them @ 2.5 million dinars.

 

Now if they could only change the rate and really make them happy.

[Belecosity]

How does 2500$$$ make news? Lol

[jeepguy]

maybe  the  sum  is  2,5 million dinars ,  but in cash  value it is still around 2,000  to 2,500  in  u s dollars  terms !   now  they need to have the  values  turned  from dollars  to dinars ,  so when the  and  if  the  dinar  re-values  it will still only be 2,500  or so in  dollars .  { if they did  2,5  million  per  person  they would  be broke  very fast !   I think this is  a sticky  point of  banking , the g.o.i  is  throwing  dinars  out the window  as fast as it can say yes ....   I think if they can get these  retirement deals  finished  and the wording in place to compensate  for  the value difference ,,, we  will have seen  dinar  gain  value  by a good number  j-m-o } 

[Laid Back]

2.5 million with an RV of $0.10 = 250 thousand.!

Come on guys... Get it done.!

[sandfly]

DO IT