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Pension plan for expatriates in Dubai soon

[email protected] (News Network)
March 25, 2012

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Dubai, March 25: Expatriates in both the private and public sectors in Dubai could soon avail of pension scheme.

A feasibility study called 'Project Pensions Fund' will be completed by the year-end, according to a top official of the Department of Economic Development in Dubai (DED).

The study is the first step towards implementing a pension scheme, according to Ali Ibrahim, Deputy Director-General, Planning and Development Affairs, DED.

"The department is currently in talks with both local and federal entities as well as authorities of other emirates and organised a workshop to discuss the mechanisms involved in its implementation," he added.

Since it is a first-of-its-kind undertaking, the project will be implemented in phases, said Ali Ibrahim.

The first phase will include big companies in both public and private sector that are already offering pensions for its employees.

The project will be gradually extended across the UAE with the support of the Ministry of Labour, he added.



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News Network
May 21,2020

Bengaluru, May 21: Karnataka reported 116 fresh cases of coronavirus on Thursday, taking the state tally to 1578. 

So far, 570 people have been cured and discharged while 41 have succumbed to the virus, informed the state health department.

Out of the 116 cases, 71 have a history of inter-state travel history to Maharashtra.

Out of the 116 cases, 27 are from Udupi alone, 15 cases are reported from Mandya and 13 are from Hassan. Bengaluru Urban saw seven new cases.

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News Network
March 28,2020

Bengaluru, Mar 28: Karnataka has reported 10 new positive cases of COVID-19 between 5 pm yesterday and 8 am today, taking the tally to 74 in the state.

"Ten new COVID-19 cases have been reported between 5 pm yesterday and 8 am today, taking the total number to 74 in Karnataka, which includes three deaths and five cured/discharged persons," said the State Health Department on Saturday.

The total number of active COVID-19 cases in the country has climbed to 873, including 78 cured, discharged and migrated cases and 19 deaths, Ministry of Health and Family Welfare said on Saturday.

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News Network
February 2,2020

Hassan, Feb 2: Former prime minister and JD(S) supremo H D Deve Gowda has said that the controversy over the Citizenship (Amendment) Act should be resolved peacefully through discussion.

Speaking to reporters in Halebeed on Saturday, Gowda said that the Act affects only Muslims but would also prove troublesome for the Hindus. “Opening fire on anti-CAA protesters is the not solution to the issue,” he said.

Deve Gowda said that during his tenure as prime minister a number of problems concerning Muslims were addressed. “But, in the run up to election, Rahul Gandhi described us ‘B’ team of BJP. This led to vote swing,” he added. When his comment was sought on the budget, the former prime minister said that he had not yet read the budget document.

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