Al-Subhi urges increase in minimum pension
Insurance expert Mousa Al-Subihi emphasizes the need to raise the minimum pension threshold in the social security system to improve the living standards of retirees, especially in light of the declining purchasing power and rising living costs. He considers adjusting the minimum pension as a social reform tool to ensure protection for low-income groups, reduce poverty, and achieve social justice. He pointed out that the practical results of implementing this measure have shown a reduction in the severity of poverty and an improvement in the conditions of tens of thousands of disadvantaged families. He warned that failing to activate these adjustments threatens the sustainability of the financial system. He called on the government and the board of directors to make an urgent decision within this year to increase the minimum pension, with the aim of improving retirees' conditions and ensuring a dignified life for them.
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