Bill Prohibiting Deduction Of Social Security Cuts From End-of-service In Oil

12 March 2018 Kuwait

The parliamentary Health, Social and Labor Affairs Committee on Sunday met representatives of the oil sector, Public Institution for Social Security (PIFSS), Ministry of Social Affairs and Labor, Kuwait Workers General Union, Kuwait Chamber of Commerce and Industry (KCCI), and Banks Union.

The committee discussed a bill prohibiting deduction of social security contributions from the employees’ end-of-service benefits which, once approved, will be applied retroactively from 2010.

Committee Chairman MP Hamoud Al-Khudair disclosed that social security contributions were deducted from the benefits of retirees from 2010 to 2017. He affirmed the committee, as well as the representatives of the oil sector and PIFSS, fully support the proposal; hoping to get approval from other concerned institutions to include the bill in the agenda of the National Assembly within three weeks. He added the beneficiaries of this bill include 3,150 oil sector workers.

 

SOURCE : ARABTIMES

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