Nearly 6m Iraqi workers without pensions

As many as 5.8 million Iraqis working in the private sector have no pension provisions, the Anadolu Agency reported yesterday.

Iraqi economics expert, Mohamed Mazhar Saleh, said more than six million Iraqis are employed in the private sector however only 200,000 are registered under the Social Security Act.

Speaking to Anadolu, Saleh said the government approved a new law on social insurance in the private sector but parliament has yet to pass the bill.

“Pensions for private sector workers will depend on the workers’ monthly contributions, but in any case the salaries will not be below the poverty line which is $2.5 a day,” he added.

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