Monday, January 26, 2015

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Early retirement granted for Emirati women in public sectors

The Federal National Council (FNC) has approved the demand for early retirement of Emirati women after 15 years of service, irrespective of their age, at the time of retirement.


According to a council member, the early retirement of women would help reduce unemployment, and allow them to raise their children, cut down on late marriages and partially address the imbalance in population structure.


Sharing the legislature’s concern over such women-related issues, the Minister of State for Financial Affairs, Obaid Humaid Al Tayer, said that duties of the Board of Directors of General Authority for Pensions and Social Insurance.


The FNC has been pressing for early retirement of Emirati women since 2007. In 2007, the pension rules were amended to permit Emirati women employed in public sectors to work for 20 years before retirement, rather than 15. However, after that, the House has been constantly demanding that the move be reversed.


The legislature further urged the government to encourage men to work beyond a pensionable age.


The Minister, further promised that the House laws would be amended to eliminate any discrimination between nationals employed by the public sector, and those who take up jobs in private sector, in terms of retirement benefits.


Posted on 21/11/2013

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