Regardless of that report published by an international insurance company, we do not know the extent of its reliability and reliability, about pension funds in the region, which showed the state’s pension fund is lagging behind, we should recognize that the UAE needs a better retirement system than is currently present, and this This is what the UAE government is really seeking, as it intends to amend the law, which is currently undergoing study and analysis by the Federal National Council.

Retirement is one of the most important issues that occupies the mind of every employee in the state. Its impact is not limited to the retired employee only, or to those who are close to retirement. The retirement law, so the amendments to the law took a long time, and they were carried over from the 16th legislative term to the current session of the National Assembly, and extensive discussions are currently taking place on the issue in the council committees.

Perhaps the most prominent notes that affect the retirement law in the Emirates, revolve around the need for additional efforts from the General Authority for Pensions and Social Insurance to develop the policy of insurance systems, and the need to review the rules and procedures followed, in calculating the end-of-service gratuity and pension for subscribers.

In this context, specifically, there are ongoing old claims, which are not linking pension access to the age of retirement, as this item constitutes a major obstacle and challenge for everyone who wants to retire, especially for working women, so that it is preferable that they have the opportunity to retire after 15 years. A service, even if it does not reach the age of retirement, to enable it to perform family duties towards its children, if it so desires.

Generally, retired citizens often face five challenges in obtaining a retirement pension, starting with the same retirement procedures, which take several months to meet, without income for the family throughout this period, through the absence of health insurance for retirees in private hospitals and clinics, and failure to take into account the frequent rises In prices and variable obligations annually, in addition to the high fees on government transactions that they are forced to conduct, leading to the denial of loans or bank facilities.

We also need, before starting any step, to reformulate the concept of retirement, as it does not mean at all the end of a person’s journey in life, but rather we must consider it the beginning of a new stage, in which a person chooses another path, according to his desires, if he wishes to enter a sector Business, there is no objection to helping him and facilitating matters for him, and if he wants to rest, let us treat him as a sincere warrior and present a lot to his country and society, and it is time to honor him, so that the law is a gift to him for his efforts, and not an additional burden that puts pressure on him and his family!

I think we need new ideas that help retirees, and the state does not incur additional financial burdens. What prevents the creation of systems or savings funds for end-of-service benefits, in all sectors, is really an important strategic step, and a new experience of its kind at the regional level. There are successful global experiences in this field, these projects have a significant impact and social and economic dimensions and benefits on the parties of the production process as a whole, and will contribute to increasing the return of employees, and reducing the expenses of the Authority, as it will stimulate the economy.

We all hope that the new law will appear to meet the needs of citizens, encouraging them to enter the retirement stage without fear, and that it takes into account the years of service, work and production provided by employees, and therefore they deserve the best ... without doubt!

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