UAE hikes pensions of government workers

Ahram Online, Tuesday 3 Jan 2012

Former state employees will see monthly payments rise to $2,700 in January, in one of several measures seemingly aimed at dampening social discontent

United Arab Emirates president Sheikh Khalifa bin Zayed Al-Nahayan has issued an order to raise the minimum pension payments for former military and federal government employees to AED10,000 (US$2,700) per month as of January, state news agency WAM reported on Monday. 

The official statement did not state the reasons for the move nor the number of pensioners benefitting. 
 
Last November, the UAE government announced plans to set up a $2.7 billion fund to help pay low-income citizens' debts and said it would raise the wages of some state employees.
 
Earlier in 2010, the government also said it would invest $1.6 billion over three years to improve living conditions in the less developed northern emirates as well as raise military pensions. 
Short link: