Kuwait government proposes raising retirement age

Kuwait’s government proposed gradually raising the retirement age by three years starting from 2024, its finance minister Abulwahab Mohammed al-Rushaid said on Thursday.

For the latest headlines, follow our Google News channel online or via the app.

The government will also present a law in parliament about paying retirees a one-time grant of 3,000 dinars, al-Rushaid added.

Read more:

Majority of UAE expats failing to save for retirement, financial experts warn

Expats over age 60 with no degree have until year's end to leave Kuwait

Kuwait swears in first female judges in country’s history