ALGERIA SETS RETIREMENT AGE AT 60

ALGIERS, — Prime Minister Abdelmalek Sellal said Sunday that it has been agreed between the partners of the tripartite dialogie among the Government, organized labour and employers to set the retirement age of workers at 60.

Speaking at the closing session of the tripartite dialogue here Sunday, Sellal announced a new Bill to amend the Ordinance No. 97-13 on retirement without age limitation in order to fix 60 years as the compulsory age for retirement.

A committee will be set up to draft the Bill, which will set the retirement age at 60, out of concern for fairness and preservation of the capacities of the National Retirement Fund, he explained.

 

Source: Name News Network