The parliamentary economy warns of the bankruptcy of the pension fund


The economic committee warned on Sunday that the pension fund will be disrupted in the coming years as thousands of people retire without paying for retirement.

"The reports of the World Bank and the International Monetary Fund are based on realistic studies and warned recently of the bankruptcy of the Pension Fund in the coming years because of the government policies that have directed thousands of people to retire without paying," said Najiba Najib, a member of the parliamentary economic committee. Fund Membership ".

She added that "the fund's funds are collected through the participation of employees, which amounts to 7% of each employee in addition to that the government pays 15% of the funds paid by the Pension Fund," indicating that "pension funds of about 5 trillion dinars."

She pointed out that "the International Monetary Fund and the World Bank is asking the Iraqi government to check the retirees and reveal those who receive more than a salary."

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