Iraqi Parliament to Raise Mandatory Retirement Age to 63 Amid Law Amendment
The Iraqi Parliament is working on amending the Unified Retirement Law to raise the mandatory retirement age from 60 to 63 years, while maintaining the option for voluntary retirement at age 50 after completing 15 years of service. The amendment aims to address gaps and make better use of employees' expertise, especially after the Parliament previously approved reducing the retirement age from 63 to 60 in 2019, which sparked widespread debate among employees and experts.
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