Legislative Bill · Thornreach
Passed

Changes in Retirement Age and Privatization Act of 2022

Passing
in the National Assembly
Opened
25 Jan 2022
Voting closes
26 Mar 2022
Chambers
1 legislature
Articles
4 changes

Rationale

Modernising retirement, financial, and healthcare systems will boost economic growth, ensure sustainability, and improve public welfare for future generations.

Proposed Changes

1

Retirement Age Policy
Previous law
Retirement at 55
Retirement at 65

2

Healthcare System Model
Previous law
Mainly private insurance
Fully marketised healthcare

3

Competition & Monopolies
Previous law
Active competition enforcement
No competition intervention

4

Banking & Financial Regulation
Previous law
Deregulated financial centre
Deregulated financial centre

Timeline

  • Draft
    25 January 2022


  • Vote Open
    25 January 2022


  • Vote Closed
    26 March 2022


  • Became Law
    26 March 2022

Vote tally

Live tally across each chamber. Weighted by seats held.

National Assembly

Passed
63Yes 0No 137Not voted 200 seats

For: 63 / 200 seats (31.5%)

Against: 0 · Abstained: 0 · Not voted: 137

50.1% of those voting must vote in favour (actual = 100.0%)
Party Seats Vote
Freedom & Liberty 63 Yes
National Thornreach Movement Proposer 0 Yes
Empty seats 51 Not voted

Voting record

Every vote must state a public reason. Most recent first.

Freedom & Liberty
Voted Jan. 28, 2022
Yes

“This bill is harsh and more extreme than we would like but we will let these laws pass for now and may change it in the future.”

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