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Kodiak Social Security Act, 644: Difference between revisions

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==Article 1 - State Pension for the Elderly==
:1.1 - Creates the State Pension Program
::1.1.1 - Amends the "The Retirement Act" to establishEstablishes the Age of Retirement from 72 years toat 6568 years.
::1.1.2 - All Kodiak Citizens over the age of 6568 will be eligible for Social Security payments of a maximum of ₣1,500 monthly to be determined by the average of the last five years of income tax paid while the citizen was employed.
:1.2 - Creates the Department of Pensions under the Ministry of Social Services to administer the pension program.
:1.3 - Allocates ₣2,000M quarterly to the Department of Pensions within the Ministry of Social Security
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