Abu Dhabi Retirement Fund's institutional contact manager, Fatima Al-Shariqi, confirmed that the decision issued by the Abu Dhabi Executive Council regarding the salaries and pensions of employees of government agencies in the emirate is not a new change in the Abu Dhabi retirement law, explaining that the decision was limited to issuing a new schedule of salaries for employees of government agencies In the emirate.
Al-Shariqi stated that the new salary schedule provided a solution to the problem of the value of pensions, which citizens of Abu Dhabi government agencies have long complained about their weakness compared to what they were receiving from salaries before retirement, as a result of lower salaries subject to deduction or subscription account salaries.
She said: "Before the issuance of the new payroll, the salary subject to polarization constituted no more than 40% of the total salary of the citizen, but the new payroll tackled this problem by including approximately 80% of the employee's total salary in the payable salary that is calculated on the basis of it. Pension. "
Al-Shariqi added: “All the bonuses were not included in the calculation of the salary subject to deduction, and then they were not counted within the retirement pension, but the new salary schedule modified and raised the basic salary of the employees, and distributed the supplementary bonus to the four elements subject to deduction (housing allowance, high allowance Living, social allowance, children's allowance), to be included in the deductible salary, which means an increase in the value of this salary.
Al-Shariqi asserted that the 80% of the decision included in the decision was not intended for the employee to receive 80% of his total salary as a pension value after retirement, explaining that a citizen who completes 25 years of service gets 80% of the salary subject to deduction, and not from the total salary that He was paid before retirement.
Al-Shariqi pointed out that all government employees can learn about the value of their future pensions after completing the housing process on the new schedule, through the electronic calculator provided by the Fund on the website, noting that the former retirees are not covered by this decision, as it is limited to the existing employees at the head Their work is currently in government agencies.