The SEC considers the discussion for extending the retirement age beyond the age of 65 untimely.
According to an announcement by the SEC, this issue was regulated in 2012 with relevant legislation that provides that the scenario of extending the retirement age will be discussed again, after recording the change in life expectancy from 2018 to 2023 and if there is an increase in it.
"So far life expectancy remains stable from 2018 and therefore, there is no question of raising the retirement age," it said.
The debate on pension reform, he added, is ongoing in the Labor Advisory Board, which is also the official social dialogue table, where "the social partners are proven to know how to synthesize views and find solutions". Therefore, he notes, "these issues should not be discussed arbitrarily and spontaneously."
The SEC urges the state to focus on managing the demographic problem and especially on curbing the low birth rate, giving incentives such as paid parental leave and other facilities to parents, rather than turning its attention in other directions.