Retirees to benefit from pension increase with retroactive effect from January 2016

Government of Dubai Media Office - 30 April 2016: In his capacity as Ruler of Dubai, Vice President and Prime Minister of the United Arab Emirates His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Resolution No (5) of 2016 pertaining to an increase in the pensions of retired local civilians in Dubai who are not affiliated to the General Pension and Social Security Authority, and whose pensions are paid by the Dubai Government Human Resources Department. The Resolution is part of His Highness' vision to further enhance the happiness of all members of the community. A total of 342 civilian retirees are set to benefit from the increase with retroactive effect from January 2016.

As per the Resolution, retired local civilians and their beneficiaries who receive pensions from the Dubai Government will receive a 20% increase in their pension. Following the increase, the minimum pension will be AED10,000 per month.

His Excellency Mohammed Ibrahim Al Shaibani, Director of the Dubai Ruler's Court, said that under the guidance of His Highness Sheikh Mohammed and the follow up of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Supreme Fiscal Committee, we have formed a special committee under the umbrella of the Supreme Fiscal Committee 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 AED10,000 per month, in order to bring it on par with pensions provided by similar authorities."

Al Shaibani said that the 342 retirees are not covered by the insurance coverage of the General Pension and Social Security Authority in Dubai. He added that retirees whose pension is higher than AED10,000 per month will also receive the 20% increase.

The Dubai Government Human Resources Department will be in charge of all legal, financial and administrative procedures required to implement this Resolution. There will be separate allocations in the Department's budget for the pension increase as per the regulations pertaining to Federal Law No (7) of 1999 and its amendments, which specify the pension payment mechanism for beneficiaries.     

© Press Release 2016