Mohammed orders 20% pension increase

In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates, 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 Governmentwill receive a 20 per cent increase in their pension. Following the increase, the minimum pension will be Dh10,000 per month.

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 Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Supreme Fiscal Committee, a special committee has been formed 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 Dh10,000 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 Dh10,000 per month will also receive the 20 per cent 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.   

Mohammed bin Rashid attends the 1000 Guineas Classic

His Highness Sheikh Mohammed bin Rashid Al Maktoum Vice President, Prime Minister and Ruler of Dubai today attended the 1,000 Guineas Classic at Newmarket racecourse.

His Highness Sheikh Mohammed was accompanied by Crown Prince of Dubai Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, and Deputy Ruler of Dubai and UAE Minister of Finance Sheikh Hamdan bin Rashid Al Maktoum.

Godolphin's 'Usherette', ridden by M Barzalona and trained by Andrea Fabre, won the Dahlia Stakes and its winning prize was received by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.

Favourite 'Minding' galloped to a breathtaking victory in the Fillies Classic, while Handicap Stakes was dominated by the UAE horses, with Taqdeer, owned by Sheikh Hamdan bin Rashid Al Maktoum, finishing first, followed by Godolphin's Prize Money and New Caledonia for Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.

The race meeting was attended by a number of Sheikhs, senior officials, owners and fans.

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