Kuwait City (IAMINKUWAIT): MP’s in Kuwait passed the early retirement law with a big majority but all cabinet ministers present at the voting rejecting the legislation casting doubts that it will be accepted and applied. The law allows female and male Kuwaiti government employees to retire with full pension benefits after serving for 25 yrs and 30 yrs respectively, regardless of age. The legislation , which was passed by 43 votes in favour and 16 against , also allows employees to seek retirement earlier but they will lose some of the pension benefits especially pension pay .
|Kuwait gold daily market price in global currencies|
|Gold 18K||1 Gram||8.72||28.74||2005.4||-7.04%|
|Gold 21K||1 Gram||10.18||33.55||2341.17||-6.95%|
|Gold 22K||1 Gram||10.67||35.16||2453.85||-6.97%|
|Gold 24K||1 Gram||11.64||38.36||2676.93||-6.95%|