Saturday , January 20 2018

Tag Archives: retirement

Retirees loan interest reduced by 2.5 percent

KUWAIT CITY, Jan 6: The interests of loans granted to retirees have been reduced by 2.5 percent, reports Al-Anba daily quoting legal sources. They praised the move, stressing that the current interest of 6.5 percent is relatively high compared to the interest rate specified by the Central Bank of Kuwait …

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MPs back proposal to cut Kuwaitis service

Govt objects early retirement plan KUWAIT CITY, Jan 2: The proposal to reduce the service period for Kuwaiti employees to 25 years for men and 20 years for women is being supported by 40 MPs, which makes it difficult for the government to dismiss the proposal, as with the case …

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MoE preparing list of employees over 34 years – 120 citizens, 217 expatriates face compulsory retirement

KUWAIT CITY, Dec 27: The Ministry of Education has prepared list of Kuwaiti and expatriate teachers and employees who will be referred for retirement by the end of academic year 2017/2018 including those who completed 34 years of service, reports Al- Qabas daily quoting sources. Sources revealed the number of …

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Kuwait has lowest retiring age among GCC countries – PIFSS

Reducing retiring age will worsen the problems of the institution KUWAIT CITY, Oct 5: Kuwait has the lowest retirement age among the Gulf countries — 55 years old for men and 50 years old for women, reports Al- Jarida daily quoting the Public Institution for Social Security (PIFSS). The latest …

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PAM to transfer 30 yrs in service employees to administrative posts – Bid to check violations

KUWAIT CITY, Sept 28: Public Authority for Manpower is planning to transfer employees who completed 30 years of service to administrative positions and give them the responsibility of finding solutions to the problems encountered in the labor departments, reports Al-Shahed daily quoting sources. They indicated that the coming period will …

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Customs to retire 80 employees – ‘No exceptions made’

KUWAIT CITY, Sept 24: Director of the General Administration of Customs Jamal Al-Jalawi said no exceptions are made when it comes to sending into retirement all those who have completed 34 years of service, reports Al-Rai daily. Al-Jalawi revealed the customs administration is in the process of issuing a decision …

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Ministry of health refers several employees who completed 30 yrs of service to retirement

KUWAIT CITY, Sept 6:  Ministry of Health intends to refer several of its administrative employees to retirement after reaching the legal age. The source said the ministry is preparing the list of names of employees who have completed 30 years of service. He noted the list, which includes the names …

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Lawmakers discuss panel report on amendment to retirement age

MP surprised by govt’s silence on environmental pollution KUWAIT CITY, June 28: 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 …

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Early retirement eyed for parents taking care of handicapped kids

KUWAIT CITY, June 15: The Parliament’s Handicapped Affairs Committee, in its meeting Thursday, agreed to reduce the required number of years in service to choose early retirement for parents taking care of people with disabilities from 20 to 15 years for men and from 15 to 10 years for women. …

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CSC to look into MP’s bill to halt forceful retirement

Employees who have not reached 65-yrs of age KUWAIT CITY, May 29: The Civil Service Commission (CSC) will look into the proposal presented by MP Saleh Ashour concerning suspension of forceful retirement for those who have not reached 65 years of age, reports Al-Anba daily quoting informed sources. They revealed …

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