ABU DHABI // An FNC member has concerns about the time it took the Pensions Authority to respond to leaks and rumours about changes to the retirement law.
Hamad Al Rahoomi, of Dubai, raised three questions to the chief executive of the General Pension and Social Security Authority, Obaid Al Tayer, who is also Minister for Financial Affairs.
Mr Al Rahoomi questioned the delay in responding to leaks about pension laws, and said that by the time an official denial was made many people had already made life-changing decisions.
“The leaks were that there would be amendments to the pensions law, that they would be negative, and there were many other pieces of information like raising the retirement age to 65,” he said.
It took the authority more than four months to respond to the leaks and rumours.
“This is a very long time,” Mr Al Rahoomi said.
During those four months, many people made decisions to quit their jobs, he said.
“Where is the true news? It was not there and damage was done.”
Abu Dhabi Police provided a good example of how government bodies should respond to rumour, Mr Al Rahoomi said.
Three days after a rumour circulated about a decision to cancel the 50 per cent discount on traffic fines, it was denied, he said.
But in the case of the Pensions Authority, the absence of a response made people think the information was correct.
“They thought since it has not been denied definitely there was something. When you do not deny, you are adding credence to the rumour.
“Why no response? This affects tens of thousands of beneficiaries.”
Mr Al Rahoomi’s second question is about the late release of pension payments to retirees.
“One retires and then three months later the salary is issued, so during these three months how does one live?” he asked.
He mentioned the case of a woman who retired and sought for three months, in vain, to get her pension.
“Every time she asked they told her that her file was still being processed,” Mr Al Rahoomi said. “A week or two later and that was still going on.”
He said that situation was not good enough for a government authority, considering all its efforts to establish a comprehensive smart government system.
In the private sector, if a company delayed the payment of a worker’s wage for a month it could face closure under Labour Law.
“So imagine when it is a government body,” said Mr Al Rahoomi.
A solution must be found immediately, he said.
“If there is a problem in the system or shortage in staff, it should not be my concern as a retiree. Any excuse is unacceptable.”
The third question posed by Mr Al Rahoomi is on the Marriage Fund and why a salary certificate from the Pensions Authority is required as proof of employment.
“What if the person works as a fisherman, or a farmer or a businessman, and is not registered in the authority? Do they reject his application?”
He argued that the fund has its own system and therefore should not reject such cases.
A response from the ministers is expected during the FNC session tomorrow.
The council will also discuss the Federal Budget 2016 draft law.
hdajani@thenational.ae
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Name: Direct Debit System
Started: Sept 2017
Based: UAE with a subsidiary in the UK
Industry: FinTech
Funding: Undisclosed
Investors: Elaine Jones
Number of employees: 8
The specs
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Men:
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5. Felix Kemutai(KEN) 2:10:48
Women:
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Gold
Faisal Al Ketbi (Open weight and 94kg)
Talib Al Kirbi (69kg)
Omar Al Fadhli (56kg)
Silver
Zayed Al Kaabi (94kg)
Khalfan Belhol (85kg)
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Mouza Al Shamsi (49kg women)
Bronze
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Saood Al Hammadi (77kg)
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Obaid Al Nuaimi (56kg)
Bashayer Al Matrooshi (62kg women)
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Biog
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Started: 2018
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Industry: Smart contact lenses, augmented/virtual reality
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Anonymous, Penguin Books
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Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
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Investment stage: Pre-series B
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Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:
- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools
- average salary across curriculums and skill levels is about Dh10,000, recruiters say
- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance
- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs
- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills
- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month
- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues