Understanding the Relationship between the Public Institute for Social Security and the Manpower and Government Restructuring Program
Type
E-journal
Date
6 May 2016
Jurisdiction
Kuwait
Taxonomy
General Welfare, Housing & Social Security Law
Copyright
LexisNexis
Relevant company
Al Tamimi & Company
Legal reference
Kuwait Law No. 61/1976
Analysis
The Public Institute for Social Security (“PIFSS”) is a Kuwaiti governmental agency whose purpose is to ensure through a social security system, the continued welfare for Kuwait citizens.
Essentially the agency is a funded through payments from both the employer and the employee. Under Law Noyee salary into the PIFFS fundo. 61. of 1976 ( the “Social Insurance Law”), the employer must register its new employee within 10 days of employment. Upon registration, the employee and the employer are to pay a certain percentage of the empl.
In addition to the PIFSS system, Kuwait has also created the Manpower and Government Restructuring program (“MGRP”) to ensure the continued welfare for citizen employed in the private sector. The MGRP essentially provides a citizen with a monthly supplement to his or her salary and the amount depends on the educational background of the citizen: the higher the education, the higher the supplement.