General Retirement and Social Insurance Authority : According to Law No (24), It is established in 2004 and reorganized by the Amiri Resolution No. (48) Year 2009. It has a legal identity and a budget that is subsidiary to the Economic and Finance Ministry, in charge to apply the Retirement and Pension Law, and the Military Retirement and Pension Law. It provides social protection to every citizen in the State, and ensures secured life to them after the end of their service and to their family in the event of their death.
Pension Rights:
Pension is calculated on the basis of the last salary of an employee or the actual service period of an employee multiplied by 5% ensuring that pension doesn't exceed the last salar(last salary× service years× 5%). This rule applies for government departments, authorities and public corporation.
The pension of an employee is settled on the basis of the salary average of the last five years of the service period multiplied by (5%), provided that the pension does not exceed average of the mentioned salary. It applies for those who work in joint-stock companies, and other entities to be determined by the Council of Minister.
In case of death, during the service period:
Natural death: Pension is calculated according to the service period of 15 years includig the actual service period.
Death during work: Pension is settled according to a notional service of (20) years whatever the actual service is= 10,000× 20 years× 5%= 10,000 Qatari Riyals
If the employer terminates the employee for reaching the retirement ages, the pension is calculated according to the actual service period of (15) years.
If the employee gets terminated by a disciplinary termination at the age of fifty years and has a contribution period of (15) years, the contributor is entitled to a pension with a reduction of 2.5 % for each year from his age at the end of the service to the age of sixty for males and fifty five for females.
If the employee quits his/her job due to illness, the pension is paid according to the notional service period.
Legal Status of all the above mentioned points would be:
If the service of an employee or a worker ends due to one of the above reasns, the pension is given according to the service period of 15 years.
For example:
An employee ends his service for the company liquidation where he worked, with a salary of (10,000) Qatari Riyals, a service period of (15) years, and he was (50) years old.
- The pension= 10,000× 15years× 5%=7,500 Qatari Riyals
- Reduction Value= (60 years old- 50 years old)× 2%= 20%= 20%× 7,500= 1,500
- Net Pension= 7,500- 1,500= 6000 Qatari Riyals
Employee can hold his pension when
- Fulfillment of a ruled legal alimony
- Settlement of liabilities for the benefit of the employer
- Settlement of liabilities for the benefit of the Authority.
Minimum and maximum limit for the pension
There is no minimum limit for the pension in the Law, but the Amiri Decree No. (50) Year 2011 provides the increase the low pensions to (5000) five thousands riyals for those who were referred to the retirement and their pensions were settled before 01/09/2011. And there is a maximum limit which is not to exceed the amount of final salary for employees of the government departments, authorities and public corporations or the average salary over the last five years of the service period employees of the joint stock companies and other entities that is subjected to the Law by a decision of the Council of Ministers.
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