Nadiya

[Svetlana]

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As part of her program to make the Nadiyan economy more efficient and productive, a new set of major labour and pension reforms were passed much to the ire of the trade unions and the Nadiyan left while finance and tech experts of the TEF celebrate the news.

The Efficiency of Nadiyan Departures Act, END act for sure, raises the retirement age by another 10 years from 65 to 75 while abolishing the tax exemption that was once applied on pensioners and the elderly alongside raising the maximum working hours in a week from 30 to 40 hours and restored the 5 days work week. Even tho the bill was repeatedly stalled by parliamentary commissions and counter measures agaisnt the reforms, it was ultimately passed using article 43-9 of the constitution which was triggered by the premier, this allows for the government to pass laws forcefully through the NGA if no censorship motion is passed which would topple both the government and the bill.

Even tho the ANCP had deposited a motion of no confidence agaisnt the government immediately after Premier Liliya Pavlina triggered article 43-9, it didn't manage to gather the required 621 votes necessary as parties outside of PAN abstained since they feared that toppling the current administration would only bring chaos and fuel the fires of the Constitutional crisis that was forcefully put down by the Supreme Cooperative Court.

Reactions to the END act were radically different from one end there were the trade unions and Nadiyan left-wing parties which have denounced the law as a violation of the communist-market economic model and a set back to the gains made by the working class during the Ulyana Pavlina administration. On the other hand there was the loud praises of the Terran Economic Forum and the Nadiyan Central Bank which hailed the reforms as a necessary change for Nadiya, their main reason for supporting and praising the law is the fact that Nadiyan birthrates have began dropping at a rapid pace from 3,1 recorded in 5710 to a historic low of 2,4 just above the renewable population threshold and when coupled with the aging population of the Confederation, it is a recipe for disaster that would bring the Nadiyan pension system to its knees.

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Written by @NNN