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Act 26 Of 2003 Containing The Consolidation Ratio Of Pension Processing Discounts

Original Language Title: القانون 26 لعام 2003 المتضمن توحيد نسبة الحسميات التقاعدية

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Act No. 26 of 2003 containing the standardization of the proportion of the pension


image Notification of error in legislation


Act No. 6 of 2003
Date-birth: 2003-11-19 History-Hjri: 1424-09-24
Published as: 2003-11-19
Section: A law.

Information on this Act:
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Law 26 of 2003
Enclosing the ratio of the pension ratio

President

Based on the Constitution

As approved by the People's Assembly at its meeting held on 16-9-1424 A.H., 11-11-2003,

The following are issued:

Article 1

Paragraph/b/of item 2/of Article 8/of Act No. 78 of 2001 shall be amended to read as follows:

/b/(7 %) of wages and salaries of employees who were subject to legislative decrees 119 / and//120/of 1961 and their amendments and the Insurance and Pensions System of the employees of the Cooperative Agricultural Bank promulgated by Act No. /130/1959 and the Municipal Retirement Fund.

Article 2

This law is published in the Official Journal and is considered effective from 1-1-2004.
Damascus at 24-9-1424 A.H., 19-11-2003

President
Bashar al-Assad

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