Saudi: New Shoura proposal for gratuity welcomed

April 1, 2013
shouracouncil
Riyadh, Apr 1: Saudis across the Kingdom have welcomed the new Shoura Council proposal to increase end of service benefits (ESB) of civil servants, saying it would encourage public servants to work hard and improve the living conditions of retirees.

A Shoura meeting, chaired by Vice President Muhammad Al-Jafri, approved the proposal made by a former member Ehsan Abdul Jawad and instructed the Human Resources Committee to study the matter further.

“The majority of Shoura members supported the proposal to amend Article 53 of the Civil Service Law that deals with rights and benefits of civil servants,” said Fahad Al-Hamad, assistant to the president.

Under the new amendment, retirees would get a gratuity of half month’s salary for the first five years of service and one month's salary for every subsequent year. At present, public servants are getting only six months’ salaries following retirement.

Al-Hamad said the new proposal would help retirees live comfortably with their families and would help them settle their financial commitments.

“It will also help balance the difference between the salary they received before retirement and the pension,” he said, adding that public servants who have worked for several years deserved such compensation at the end of service.

Abdulelah Saaty, dean of the College of Business in Rabigh, lauded the proposal, saying it is big a motivation for civil servants across the country. “Public servants deserve such a scheme,” he told Arab News. He hoped the Shoura and the Cabinet would endorse the amended law.

“The newly proposed gratuity is already there in the Labor Law,” Saaty said, adding that expats have been receiving it for the past several years.

He said the proposal would benefit the country’s 1.2 million civil servants. Some public employees, such as those working for the education sector, already benefit from the scheme.

Saaty did not agree with the view of some Shoura members that the new scheme would encourage public servants to apply for early retirements in order to create jobs for young Saudis.

“People may stay long in service to get more money,” he said. “Life expectancy among Saudis has increased to 74 and the new scheme will help them lead a decent life.”

The number of Saudi retirees reached 571,367 by the end of 2012.

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News Network
April 26,2020

Dubai, Apr 26: The Central Bank of the UAE (CBUAE) has instructed financial institutions in the country to search and freeze all bank accounts of Indian billionaire BR Shetty and his family along with those of companies where he has a stake.

The apex bank has also blacklisted several firms associated with Shetty along with their entire senior management.

In an advisory issued last week, CBUAE cited decisions of the Federal Attorney General and asked financial institutions to search and freeze any bank accounts, deposits or investments in the name of Shetty or his family members.

Financial institutions have been directed to stop transfers from these accounts and deny access to deposit boxes.

Currently in India and facing a string of charges, Shetty is the founder of NMC Health.

The heathcare provider was placed into administration by a UK court recently following an application by the Abu Dhabi Commercial Bank (ADCB) which alone has an exposure of $981 million (Dh3.6 billion).

Overall, UAE banks have a combined exposure of more than Dh8bn to NMC which owes money to Oman-based banks and financial institutions as well.

Probing credit facilities
The Central Bank has sought information about credit facilites extended to the Shettys along with details of their safe deposit boxes and the financial transfers they have made till date.

A similar advisory has been issued for NMC Healthcare and NMC Holding, based on the decision of the Head of Plenary Fund Prosecution.

The Central Bank has also blacklisted several companies associated with Shetty. Key staff members of these firms have been similarly blacklisted.

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Angry Indian
 - 
Monday, 27 Apr 2020

when you make money with good country you should not make doka to that country, first of all we indian have bad name in GCC now this will make more dought on indian hindus..

 

after BJP come to power in india,our country is acting like maron, this will only end with final WAR.

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Agencies
May 14,2020

Dubai, May 14: As many as 242 beggars of different nationalities have been nabbed by the Dubai Police since the beginning of the holy month of Ramadan.

Among those arrested, 143 were men, 21 were women and 78 were hawkers, said the police. "An anti-begging campaign was launched, especially to find beggar hotspots, to combat the negative phenomenon," said Colonel Ali Salem Al Shamsi, director of the anti-infiltrators department at the Dubai Police.

"Strict warnings have been issued to beggars to refrain from exploiting the sentiments of people during Ramadan," he added.

Col Al Shamsi also called on the public to stop helping them with money. "The public must direct those in dire straits through proper channels in order to get support from charitable institutions."

Col Al Shamsi also urged residents to report begging activities by calling 901 or through the Dubai Police app's 'Police Eye' feature.

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News Network
May 31,2020

Dubai, May 31: As many as 84 beggars have been arrested in Dubai during the Eid Al Fitr holiday, the Dubai Police have said.

The arrests were carried out as part of their anti-begging campaign to prevent begging during the holy month of Ramadan.

Some illegal vendors, too, have been arrested in different areas of the emirate, the police added.

Colonel Ali Salem, Director of the Infiltrators Department at the Criminal Investigations Department of Dubai Police, said that the campaign aims to maintain the safety and security of the society, adding that the campaign was successful and helped reduce the number of beggars across the emirate.

He called on the public to report begging activities to the number 901 or the Dubai Police app.

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