Pensioners will receive a 20 per cent rise backdated to January this year, after it was approved on Sunday by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.
The increase will apply to 342 retired civilians whose pensions are paid by Dubai Government Human Resources Department.
It will mean the minimum pension from the Dubai Government will be Dh10,000 a month.
Mohammed Al Shaibani, director of the Dubai Ruler’s Court, said that a committee operating under the Supreme Fiscal Committee had been set up to review pension plans.
“We have developed a pension plan that increases the minimum monthly pension of retirees not affiliated to the General Pension and Social Security Authority to Dh10,000 a month, to bring it on par with pensions provided by similar authorities,” Mr Al Shaibani said.
He said those whose pension was higher than Dh10,000 would still receive the rise.
The Human Resources Department will be in charge of all legal, financial and administrative procedures related to the increase.
Courtesy: The National