MPs are set to debate a series of landmark amendments to Bahrain’s pension and social insurance system, aimed at improving retirement benefits for citizens.
The legislative package includes amendments to three core pension laws – the 1975 Civil Servants Pension Law, the 1976 Military Pension Law, and the 1976 Social Insurance Law – with the goal of easing the financial burden on retirees while ensuring the long-term sustainability of the pension system.
The proposal, originally submitted by MPs, adjusts pension calculation methods, contribution rates, and retirement eligibility rules.
According to Parliament’s services committee chairman MP Mamdooh Al Saleh, the amendments ‘seek to reinforce social protection for citizens and guarantee a decent living for retirees who have served the nation faithfully’.
“These reforms are designed to balance two critical goals – supporting retirees amid rising living costs, and maintaining the financial health of the pension fund,” Mr Al Saleh said.
“Our committee studied the proposals thoroughly, taking into account the views of the government and the Social Insurance Organisation to ensure that the changes are fair, realistic, and sustainable.”
Under the proposed amendments, the pensionable salary will be recalculated based on the average of the final years of service instead of the current five-year formula.
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