The parliament yesterday accepted for consideration a bill on lowering the pension age from 65 to 60 years.
The amendments proposed to the pension law by independent MP ‘Reeko’ Moosa Manik was accepted unanimously with 56 votes in favour and sent to committee for review.
The deputy speaker also proposed amending the law to allow workers to withdraw from their savings after retiring at the age of 55.
During the debate on the legislation yesterday, some MPs noted that lowering the retirement age would make 6,000 more people eligible for the MVR5,000 a month old age pension, which would cost the government MVR30 million extra a month.
State institutions had opposed a proposal to lower the retirement age in 2012.
Meanwhile, government-sponsored legislation on national disasters was also accepted for consideration at yesterday’s sitting of parliament with 54 votes in favour.
The bill proposes the formation of a ‘national disaster council’ and specifies the role of state institutions in relief efforts and mitigating the effects of national disasters.
A national plan outlining preventive measures must be formulated every five years, the proposed law states.
The government has submitted legislation to the parliament today on national disasters, the foreign service, and writing off traffic fines.
Earlier this month, President Abdulla Yameen pledged to write off fines accumulated for traffic violations and illegal parking.
According to the president’s office, the amendments to the 2009 land transport law also proposes introducing “modern” measures against traffic violations and offering legal authority for the police to impound, sell, and demolish vehicles.
Speaking at a function with youth supporters on June 6, President Yameen observed that the fines for some motorcycles impounded at the tow yard has reached up to MVR80,000 (US$5,188), which most youth were unable to afford.
“We have submitted a bill to the People’s Majlis to write off debt or arrears built up like this. So from the day this bill passes, those youth will no longer be in debt,” he declared.
Yameen said the pro-government majority will pass amendments to the land transportation law before Ramadan or during the current session of parliament.
The legislation on national disasters meanwhile proposes a framework for protecting the country from natural and other large-scale disasters.
The foreign service bill proposes the establishment of a ‘foreign service’ entity comprised of the foreign ministry, overseas diplomatic missions, and consulates. The legislation specifies the mandate and responsibilities of the foreign service.