Sheikh Khalifa amends pension, retirement benefits law for Abu Dhabi private sector workers

0
27

UAE – The President, His Highness Sheikh Khalifa bin Zayed, has increased the maximum pensionable salary for Abu Dhabi private-sector workers from Dh60,000 to Dh200,000 and the minimum amount from Dh3,000 to Dh6,000.

The move follows Sheikh Khalifa’s issuing of a law amending some provisions of Law No. (2) of 2000 pertaining to civil retirement pensions and benefits.

The law includes amendments that help strengthen the pension system in Abu Dhabi.

The government will bear the cost resulting from this adjustment, thus relieving those insured from any financial obligation.

Copyright © 2020 Khaleej Times. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).