LEGISLATION WATCH- Gov’t to establish independent body to supervise pensions: The government is planning to do away with a provision in the draft Social Security and Pensions Act that would set up an authority directed by the social solidarity and finance ministries to manage the state’s pension and social insurance funds in favor of setting up an independent body, government sources told the domestic press. A new draft law separate from the Pensions Act establishing the entity will be presented to the House of Representatives for a separate vote not long after the Pensions Act is introduced, the source noted. The government expects to refer the draft Pensions Act to the House of Representatives before the end of the month.

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