Summary
Along with the controversial general amnesty bill, the roster of legislative proposals slated to head to Parliament (if it isn't postponed) Tuesday includes a long-awaited plan to reform Lebanon's social security system to provide better long-term coverage to private-sector retirees. But officials and analysts said the plan, which has been proposed in various forms since 2004 and was last discussed in parliamentary committee in 2018, needs more work and should not be rushed to a vote.
Under the current pension scheme, private sector workers receive a one-time compensation payment upon retirement but do not receive any sort of ongoing support.
The system has been criticized both for failing to provide sufficient assistance to the elderly and for the costs it imposes on employers.
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