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9 September 2011 05:23 pm

60% Increase in Qatari Salaries

exiledsaint
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The annoucement today that the government is going to give some fairly big increases to the salaries of government employees is interesting. (Especially for those with an economics interest.....) Can anyone tell me who exactly is affected? (The difference between state companies and non-state is very blurry in this region.....) ------------------------------------------------------------------------------------------------------------------------------------------------ The government has announced a 60% increase in the salaries of Qatari nationals working with state departments and a 120% rise in those of military officers. HH the Deputy Emir and Heir Apparent Sheikh Tamim bin Hamad al-Thani issued Emiri decision No 50 of 2011, ordering an increase in the basic salary, allowance and pensions of Qatari civilian employees and retirees and military personnel. Under the decision, HH Sheikh Tamim bin Hamad ordered a 60% increase in the basic salary and social allowance for state civilian employees, a 120% rise in the basic salary and social allowance for military personnel of officer ranks and a 50% increase in the basic salary and social allowance of military personnel of other ranks. The pension of civilian retirees will go up by 60% . Employees referred to retirement before the enforcement of Law No 24 of 2002 will also benefit. The pension of retired military officers will rise by 120% and of other ranks by 50%. The decision is effective from September 1. The increase in the basic salary and social allowances will amount to QR10bn a year in addition to QR10bn to be paid once for the pension fund and another QR10bn for retirees’ subscriptions ahead of the implementation of the retirement and pension law. QNA Source:- http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=457083&version=1&template_id=57&parent_id=56