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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Kuwait Proposes Gradually Raising Retirement Age

Kuwait
File image used for illustrative purpose. Kuwait parliament meets in Kuwait City. REUTERS/Stephanie McGehee

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.

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

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