Early Retirement Bill Under Fire

The early retirement proposal approved by Majlis Social Commission would pauperize government employees and undermine pension funds, says Saeed Leylaz, a university professor and economic analyst.   
Last month, 39 members of the Iranian Parliament submitted the early retirement proposal to the Majlis Presiding Board, based on which the age requirement for retirement benefits would be eliminated and men with 25 years of work and women with 20 years of work would become eligible for full retirement benefits.
“The main goal of the proposal, as lawmakers behind the proposal argue, is to create jobs for three to five million jobless university graduates, which is far from being practical,” Leylaz was quoted as saying by the Persian daily Shargh.