Sharjah sets retirement age for men, women

Sharjah sets retirement age for men, women

  SHARJAH - The Ruler of Sharjah has issued a social security law defining the retirement age for men and women in the emirate. According to the new law, the retirement age for women is 55 and 60 for men. His Highness Dr Shaikh Sultan Bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued the law on Sunday. Under the law, those covered by social security should be between the age of 18 and 60. The monthly pension for retirees should also not be less than Dh17,500. Here are more details: 1. The law permits the insured for the purpose of pension or gratuity to include the period of previous service in government bodies or semi-government companies 2. The new rule also allows the insured to include military service, and previous service with any employer governed by this law, the period of service prior to the acquisition of the Emirati nationality and the duration of any previous service approved by the Sharjah Executive Council. 3. Retirees and the insured will not be given pension and end-of-service gratuity if their Emirati citizenship is revoked. 4. In case of death, their heirs are entitled to their shares if they hold Emirati citizenship. 5. The insured who sustain work injury or die while working due to injuries or vocational diseases are entitled to compensation, provided that a medical report is approved by a medical committee defining the rate of disability or confirming that the death was caused by incidents and injuries sustained while working. 6. In case of complete disability or sickness, the independents are entitled to the insured's pension. 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