Legal methods to improve social security protection
The article raises the question of how necessary it is to equalize the minimum retirement pension with the minimum wage. It explains that there is a divergence between the two in terms of legislation and social objectives. While the minimum wage is set by labor law through a tripartite committee, the minimum retirement pension is determined by a decision of the Council of Ministers based on a proposal from the institution, with reviews every five years. This difference leads to a gap between the two; as wage increases boost the retirement pension, the fact that the minimum retirement pension has not been reviewed in over six years has resulted in a erosion of its purchasing power, especially for retirees with low pensions. The article emphasizes the importance of linking the minimum retirement pension to inflation and poverty indicators to ensure retirees are protected from poverty and to achieve social justice. It also highlights the need to activate legal demands to raise the maximum pension and to amend policies to balance the system and broadly improve social protection levels.
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