*** ----> Govt’s pension reform proposals ‘frustrating’, Lawmakers vow ‘no compromise’ on proposals that could go against the interests of citizens | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Govt’s pension reform proposals ‘frustrating’, Lawmakers vow ‘no compromise’ on proposals that could go against the interests of citizens

A number of MPs continue to reject the Government’s views on amending the retirement law, stressing that they wouldn’t allow anything against the citizens’ interests.

MP Adel Hameed told Tribune that there is a parliamentary consensus on rejecting any amendments to the Pension Law that are not in the interest of citizens, and that the government’s vision of reforming the pension system is frustrating and should not be passed.

He pointed out that the government’s amendment proposals haven’t come at the right time. “There is an increase in the prices of goods and taxes on the citizens. This situation leads to frustration, and everyone should wait before imposing any law that affects the income and finances of people.”

Mr Hameed, a member of the joint parliamentary committee of the Parliament and Shura Council, revealed that the committee will present its views to the Government on Wednesday and that these views will be presented in a written format.

Mr Hameed stressed the need to return the proposals to the House of Representatives (Parliament) before the adoption of any amendment to the Pension System because it is of utmost importance and something that affects all citizens and their lives.

On Sunday, the government presented a copy of the government’s official vision to the Parliament and Shura Council on the public and private pension system. The government’s vision includes gradually raising the early retirement age within next five years.