The General Retirement and Social Insurance Authority applauded HH Sheikh Tamim bin Hamad Al Thani, the Amir of the State of Qatar's decision to increase the pensions of retired individuals, and the issuance of the military retirement and social insurance laws.
In a statement, the Authority explained that the generous patronage of HH the Amir included the issuance of the Amiri decision securing a minimum pension for all Qatari retirees in the country from the date of issuance at no less than QR15,000, with the addition of a special housing allowance of QR4,000, provided that the pension does not exceed an amount of QR100,000.
The authority added that decision will continue to be implemented until the date of the two new laws coming into force for those whose service ends by reaching the age of retirement, disability or death during the transitional period, from which about 28,381 retirees will benefit, at an estimated cost of more than QR28 billion.
The statement also mentioned that the patronage of HH the Amir also included the issuance of two laws to increase the insurance coverage on the income of the Qatari citizens. The increase comes through adding the housing allowance for the civil employees, and adding the housing allowance and the specialization allowance for the military, with coverage rates of no less than 70 percent and not exceeding 87 percent of the civil or military employees’ total monthly salary.
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