» News

Bahraini Gov’t Fails to Pay Pensions during Some Periods

2017-04-07 - 3:56 am

Bahrain Mirror: Head of the Parliamentary Investigative Committee on the pension funds manage by the Social Insurance Organization, Majeed Al-Asfour, said that the government failed to pay the pensions for some contributors during some periods.

Al-Bilad Newspaper quoted al-Asfour as saying that the officials in the committee noted that increase in salaries is leading to this actuarial deficit.

In a statement to the newspaper, he said that the authority looked into the future cost for employees entering retirement, a step not approved by the Committee.

Moreover, Al-Asfour said that the successive administrations of the pension funds did not demand the government of paying the contributions of the shareholders in some periods.

Arabic Version    


Comments

comments powered by Disqus