Yemeni source revealed that the government intends to move 15,000 public sector employees into early retirement by the end of 2002, reported Al-Hayat . The same source added that General Authority for Salary and Insurance has undertaken the necessary procedures to execute the retirement law in the framework of the administrative, economic and financial reforms program in Yemen. 50,000 employees retired since the start of the scheme. The Yemeni government allocates 6.3 billion Yemeni Rials ($37.5 million) to retirement pensions every year. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
