Justice minister, DGA chief discuss partnership to boost digital judicial services    Netanyahu does not rule out further strikes on Hamas leaders    US farmers are being squeezed – and it's testing their deep loyalty to Trump    Romania condemns 'irresponsible' Moscow after Russian drone breaches its airspace    Kirk's assassination is forcing US politicians to make difficult choices about their safety    India players refused handshakes, says Pakistan coach    Final stage of Spanish Vuelta cycling race abandoned after disruption by pro-Palestine protesters    Mané fires Al Nassr past Al Kholood to keep perfect start as Ronaldo honored    Lacazette brace earns NEOM SC first Saudi Pro League win    Adolescence star Owen Cooper makes Emmys history at 15    Saudi liquidity grows 8.4%, reaching SR3.1 trillion in July 2025    Over 434,000 people acquire first aid skills during nationwide health campaign    Saudi Arabia's legislative advancement highlighted at International Conference on Judicial Training    Sudden swerving among 3 major causes of accidents in Riyadh in 2024    Princess Haifa emphasizes pivotal Saudi role in shaping future of tourism    Sahm Capital names Saudi Olympian Fayik Abdi as brand ambassador    SR9000 fine for copyright infringement using AI    King Charles and Prince Harry finally reunite after 19 months apart    Anastacia: Arnold Schwarzenegger made me sing Whatta Man 12 times    Thousands pay their last respects to Giorgio Armani, private funeral on Monday    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Shoura to propose SR3,000 pension; retirees want more
By Joe Avancena
Published in The Saudi Gazette on 18 - 12 - 2011

Saudi retirees said the recommended increase in their monthly minimum pension from the current SR1,825 to SR3,000 and the proposed grant of full medical insurance cover are not enough to meet the increasing cost of living.
Najeeb Abdulrahman Al-Zamil, a member of the Shoura Council, said there is strong sentiment among the members of the Council to pass the twin measures when the Council finally deliberates them on Sunday. “I think that for sure the Council will approve these incentives for our retirees and pensioners by a two-thirds vote,” he told Saudi Gazette.
After the Shoura approval, the recommendations will go to the Council of Ministers for endorsement and then to the King who will finally issue a decree approving them. Besides increasing the monthly pension to SR3,000 and granting the medical insurance cover, the Shoura Council will also deliberate a proposal to set aside nine percent of the annual earnings of the Saudi Public Pension Agency for retirees.
Bidah Al-Qahtani, board member of the Saudi Retirees Association (SRA) and former president of the Eastern Province Retirees Association, said the proposed increase in the minimum monthly pension and the granting of the mandatory medical insurance benefit, if implemented, though not significant, will improve the living standards of retirees.
“We at SRA have been waiting for years for these opportunities,” Al-Qahtani said.
Some retirees, however, are not satisfied with the recommended SR3,000 monthly pension proposal. “The SR3,000 monthly pension will not ease the difficulties faced by retirees,” said Abdullah Mufareh Al-Qahtani, a member of the Tourism and Retirees Committees at the Asharqia Chamber of Commerce and Industry and a retired military general. “Many years ago, we fought for the SR3,000; five years ago, we retirees demanded SR4,000, and now, because of the increasing cost of living, we retirees actually need an SR8,000 monthly pension to survive,” Al-Qahtani said.
There are more than 600,000 retirees and pensioners and some 800,000 widows and children of retirees who will benefit from the increase in the monthly pension and the medical program. “This government support may not be sufficient to meet the current needs of the estimated 1.4 million retirees and widows who are in dire need of help,” said Al-Qahtani.
He said the SRA will continue to demand more support programs for retirees. __


Clic here to read the story from its source.