UGTA Spokesman: “Raising retirement age to 68 years in exchange for a pension of 100 percent of salary”

The official spokesman of the General Union of Algerian Workers, (UGTA) Mr. Chabakh Farhat, has announced the launching of an awareness-raising campaign designed to convince the workers engaged in disappearing and rare professions to continue to work until the age of sixty eight, in order to be able to take advantage of a full retirement pension at a 100 percent rate of their salary.

He explained to this effect that those who complete 32 years of service and continue to work for further contracts may be able to benefit from a retirement pension of up to 400 percent of their monthly salary, with a hike of 2.5 percent for each additional year of work.

He stressed that this procedure pertaining to rare professions is included in the text of the draft pension law which is currently being studied by the Committee on Labour, Social Affairs and Health of the National People’s Assembly with a vote on this retirement-related bill expected to be held shortly after some alterations are brought to the relevant text at the closing of a general debate on the matter.

With regard to the retirement-seeking workers accomplishing arduous professions, the UGTA spokesman confirmed that the list of these professions will be drafted by the middle of next year, stressing that the doors of the General Union of Algerian Workers are wide open to anyone willing to convey suggestions on the issue.