The Qatar General Authority for Pensions and Social Security explained that the new laws provide for an increase in insurance coverage on employee’s income, in the form of a supplement to the housing allowance at a rate of between 70% and 87% of the total monthly salary, whereas the percentage previously did not exceed 67%.
The authority added that the new legislation allows the public sector pensioner to work in the private sector while continuing to receive their retirement pension, in order to motivate citizens to stay in the labour market as long as possible and to reduce the negative effects of early retirement, which has exceeded 60% of the total number of pensioners.
#Qatar #Increase #Retirement #Pensions
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