--------- AMP -----------
Friday , November 16 2018

Tag Archives: retirement

Early Retirement Bill referred to National Assembly for deliberation

‘Bill is not a tool for political maneuvers or agendas’ KUWAIT CITY, Oct 16: Considering the report on the Early Retirement Bill has been referred to the National Assembly for deliberation in the upcoming legislative term, MP Al-Humaidi Al-Subai’i called for cooperation of the government and determination of his fellow …

Read More »

Govt’s decree on returning Early Retirement Bill to Parliament ‘rejected’

Parliamentary panel finalizes its report on bill KUWAIT CITY, Oct 9: The parliamentary Financial and Economic Affairs Committee has finalized its report on the Early Retirement Bill. The committee rejected the government’s decree on returning the bill to the National Assembly for revision, rebutting justifications given by the government. It …

Read More »

Early retirement eyed

KUWAIT CITY, Sept 30: The Early Retirement Bill has been facing difficulties since the beginning as it was amended a couple of times before the Parliament’s approval, then it was referred to the government for implementation but was rejected and returned to the Parliament due to executive complications; most of …

Read More »

‘Early retirement law contentious issue between exec and legislative authorities’

KUWAIT CITY, Sept 1: The early retirement issue is still a contentious matter between the executive and legislative authorities especially after the government opposed it but with clear differences in viewpoints in terms of justification for opposing it and the manner for solving it, reports Al-Anba daily. The parliament’s point …

Read More »

MPs to revive retirement bill

KUWAIT CITY, July 11: MPs are keen on approving the Early Retirement Bill (No. 177/2018) in the first session of the next legislative term which will start in the latter part of October. The government rejected the bill and returned it to the National Assembly on grounds that it is …

Read More »

Early Retirement Law recently passed source of worry for MPs

58 people with special needs appointed so far: MP KUWAIT CITY, June 14: The Early Retirement Law, which the National Assembly passed recently, continues to be a source of worry for MPs as some of them believe it will be rejected and returned by the government. MP Ali Al- Duqbassi …

Read More »

Future Fund up, Finance tells panel

MP VOWS COMEBACK ON EARLY RETIREMENT BILL FOR JOBS KUWAIT CITY, June 4: Finance Minister Nayef Al-Hajraf has said that the performance of Kuwait’s Future Generations Fund (FGF) is “very good and there is no decline in its assets.” On the contrary, the value of the FGF assets is continuously …

Read More »

Retirees may open 8,000 jobs yearly

Panel nod for amendment to Company Law KUWAIT CITY, May 7: The Financial and Economic Affairs Committee of the National Assembly on Monday approved an amendment to the Company Law which will be presented to the National Assembly for voting. The committee’s Rapporteur MP Saleh Ashour explained the meeting, which …

Read More »

Panel rejects govt amendments to retirement law

Bid to protect employees from early retirement KUWAIT CITY, April 25: The Financial and Economic Affairs Committee of the National Assembly has rejected by a majority vote government amendments to the early retirement law. The Committee’s Rapporteur MP Saleh Ashour said the committee has rejected the amendment after the first …

Read More »

Economists say early retirement bill will have negative consequences

‘Solving a problem should not happen by creating a bigger problem’ KUWAIT CITY, April 15: A number of economists revealed their objection to the implementation of the early retirement bill in terms of its high cost and negative consequences, reports Aljarida daily. Executive Chairman of National Bank of Kuwait Essam …

Read More »
Translate »