Khaberni - The Legislation and Opinion Bureau published on Thursday, the draft of the amended law for social security.
The following is the text of the draft:
Law No. ( ) for the year 2026
Law amending the social security law
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Article 1- This law shall be called (the Law Amending the Social Security Law for the year 2026) and shall be read together with the original Law No. (1) of 2014 and any amendments occurred as one law, and shall come into force thirty days after its publication in the Official Gazette.
Article 2- Paragraph (a) of Article (2) of the original law shall be amended as follows:
Firstly: By cancelling the definition of (the chairman of the board) and the specific meaning attributed thereto.
Secondly: By cancelling the definition of (the general manager) and the specific meaning attributed thereto and replacing it with the following:-
Chairman of the board: The governor.
The governor: Governor of the institution.
Deputy for Insurances: Deputy governor for insurance affairs.
Deputy for Investment: Deputy governor for investment affairs.
Thirdly: By cancelling the definition of both (the investment fund) and (the chairman of the investment fund) and the specific meaning attributed thereto.
Fourthly: By cancelling the phrase (retirement salary for old age or mandatory retirement salary for old age) contained in the specific meaning attributed to (retirement salary) and replacing it with the phrase (mandatory retirement salary).
Fifthly: By cancelling the definition of (dependents) contained therein and replacing it with the following:-
Dependents: Family members of the retirement salary owner whom he/she supports according to the provisions of this law.
Sixthly: By adding the definition of (legal age) at the end of it with the following text:
Legal age: Mandatory retirement age specified in Article (62) of this law.
Article 3- Paragraph (a) of Article (3) of the original law shall be amended by cancelling the text of Item (2) contained therein, and replacing it with the following text:
2- Mandatory retirement insurance, early retirement, disability, and death.
Article 4- Article (4) of the original law shall be amended as follows:
Firstly: By cancelling the phrase (and this is by issuing a decision by the Council of Ministers based on the recommendation of the council to include them within the provisions of this law during a period not exceeding the date 1/1/2015) contained in Item (4) of Paragraph (a) thereof.
Secondly: By cancelling the text of Paragraph (c) contained therein and replacing it with the following text:
c- With due regard to the provisions of Article (3) of this law, the council may, based on the recommendation of the governor, include new categories within the provisions of this law including domestic service workers and their equivalents. The mechanism for including these categories, the insurances they are included under, the wage subject to deduction, and all other related matters shall be determined by instructions issued by the council for this purpose.
Article 5- Article (7) of the original law shall be amended as follows:
Firstly: By cancelling the text of Paragraph (a) contained therein and replacing it with the following text:
a- The following categories may voluntarily subscribe to mandatory retirement insurance, early retirement, disability, and death, for the purposes ofAppropriating the mandatory retirement salary or early retirement s... [Continues similarly for the rest of the articles detailing specific amendments and procedural elements introduced in the new draft law.]
