News site “Akherkhabaronline” reported according to its sources at the Ministry of Social Affairs, that the application of the provisions of the new retirement system in the private sector is scheduled to start by July 1.
The news outlet pointed out that the concerned parties have been able to come up with a new formula for reforming the pension system in the private sector to which the National Social Security Fund is concerned.
The mentioned reform is meant to make both systems in the public and private sector come close to each other to form a unified pension system in Tunisia.
It is expected that the order regulating the Social Solidarity Fund would be published after the amendment in the official gazette of the Tunisian republic in the coming weeks after the completion of its drafting and approval at the Prime Ministry level.
The most prominent features of the new law for retirement in the private sector could be summarized in following basic points: the increase in social contributions by three points, one third of which is borne by the employer and the remainder by the employee. The second is the increase in the compulsory retirement age from 60 to 62 years, except women, due to the specificity of work in this sector which includes several strenuous activities.
The amendment also stipulates the requirement to obtain the consent of the employer to use the extension beyond the compulsory retirement age for a period ranging between one and three years. Such feature contradictes the retirement law in the public sector.
In addition to that, the amendment approved the same gradual progress that was adopted regarding the application of the new system of retirement in the public sector.
Such approach will be raising the compulsory retirement age by one year, starting from July 1, 2020, then for two years starting January 2021.
#Tunisia #PensionSystem #PrivateSector
English 
العربية