The Social Insurance Law approved a number of amendments in the shares of those who are entitled, which resulted in an increase in the shares due, for the widow whose share in her deceased husbands pension was 75 percent if she was the only beneficiary to 100 percent, adds Khalifa...
Sharjah lists 4 categories eligible for retirement
The first category, which currently consists of 51 individuals, is for those who have reached the legal retirement age.
45% employees in UAE yet to save for retirement
While 44 percent of UAE residents want to retire from their jobs before they turn 55, most of them have not come up with any financial plan for their lives after retirement.
UAE, Saudi Arabia in key global pension index
Here’s a look at what landed the UAE and Saudi Arabia among some of the better countries with a pension scheme for retiring or retired employees from both the government and private sectors.Qatar approves draft social security and military retirement laws
Qatari cabinet has approved draft social security and military retirement laws aimed at establishing "an effective social protection system for all Qataris to face the burdens of life, meet the aspirations of retirees and ensure a decent life for them and their families". The draft laws call for expanding the...
Saudi Arabia consistent on pension index
The Kingdom ranks 26 in the Mercer Institute Global Pension Index 2021 for the fourth year in a row, with a total of 58.1 points, up from 57.5 last year.
