Sharjah ruler boosts minimum retirement pension to AED 17,500
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Sharjah has officially approved a raise in the minimum retirement pension for retirees in the emirate to AED 17,500. The decision, implemented under the directive of Sheikh Dr. Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Governor of Sharjah, reveals a commitment to enhancing the quality of life for retired citizens and their families.
The revised pension rate has been effective since December 1, 2024, carrying an annual cost of AED 1,300,000. The measure also includes retroactive payments for individuals whose pensions were below the minimum, covering the difference from the date of retirement. This retroactive adjustment is estimated to cost AED 4 million.
Abdullah Ibrahim Al Zaabi, Chairman of the Sharjah Department of Human Resources, confirmed the move during an appearance on the "Direct Line" programme broadcast by the Sharjah Broadcasting Authority. He highlighted the importance of the initiative in ensuring financial stability and dignity for retirees, reflecting the emirate’s broader social support policies.
The increase is expected to benefit many retired individuals, offering them greater economic security and contributing to Sharjah's efforts to uphold the welfare of its citizens.