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Pension Issues in Middle East and North Africa

 



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Algeria: Retirees Return to the Fray (April 11, 2012)
(Article in French)
The union council of retirees in the wilaya of Bejaia has established a platform of "legitimate claims." On April 4th it took action on the “excesses” that the President of the Republic recently took on pensions.  Government technicians revalued the highest pensions, contrary to the directive’s request. The union is calling for a correction, particularly when this action affects the extreme financial precariousness of many retired Algerians.

Morocco: Pension Plans, a Time Bomb (March 27, 2012)
(Article in French)
In order for the Moroccan pension system to be stable, a technical committee was established to rule on a reform of the system. After they met recently, experts said that without state support to pension funds of 450 billion dirhams, the system would no longer be viable. They also advocate for a total transformation of the system. Head of government Abdelilah Benkirane has planned a meeting to discuss this issue.

Algeria: Army Retirees Require Pension Upgrade (March 22, 2012)
(Article in French)
Algerian military retirees are angry. Every other sector has seen the amount of their pension increase in 2010 and 2011, but theirs remained unchanged. They expressed their displeasure by organizing a march in Algiers; police arrested several of the demonstrators. For Colonel Boulagroune, President of the Association of Former Mujahidins, it is about restoring justice and respecting those who defended the country.

Algeria: Pensioners Receive New Pensions (January 23, 2012)
(Article in French)
An increase to 15,000 dinars in all pensions and retirement allowances went into effect January 1, 2012. The measure was announced by the Algerian President of the Republic and endorsed by the Council of Ministers. Almost 2.4 million retired workers and non-employees were able to go to their local post offices to collect the newly approved aid. Distributions went peacefully, although some had to wait in line for several hours.

Armenia: Higher Pensions and Social Benefits in 2012 (January 3, 2012)
(Article in French)

More than half a million retired Armenians, representing about 16 percent of the population, will see a pension increase in 2012. Currently worth an average of 28,700 drams per month, the average monthly pension in Armenia will go to 31,300 drams, or $82, during this year. Furthermore the minimum pension will increase by 24 percent and then reach the amount of 13,000 drams. In addition, the Armenian government says it will raise benefits by 9 percent in order to fight poverty. 


 

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