20 April 2008
KUWAIT: Authorities are planning to alter the minimum retirees' pay in light of the recently-approved salary hike, a senior official said yesterday.
Minister of Finance and Board Chairman of the Public Institution for Social Security (PIFFS) Mustafa Al-Shimali said in a statement that the authority would work out a plan to set the minimum pay for the retirees from KD 720 to KD 860 per month. He indicated that ratio of the hike ranges between KD 94 and 180. Authorities have recently approved a pay raise
of KD 120.
KUWAIT: Authorities are planning to alter the minimum retirees' pay in light of the recently-approved salary hike, a senior official said yesterday.
Minister of Finance and Board Chairman of the Public Institution for Social Security (PIFFS) Mustafa Al-Shimali said in a statement that the authority would work out a plan to set the minimum pay for the retirees from KD 720 to KD 860 per month. He indicated that ratio of the hike ranges between KD 94 and 180. Authorities have recently approved a pay raise
of KD 120.
© Kuwait Times 2008
