In a significant step reflecting Qatar’s commitment to caring for its citizens and ensuring a dignified life, His Highness Sheikh Tamim bin Hamad Al Thani, the Amir of Qatar, issued two decrees approving the executive regulations for Social Insurance Law No. 1 of 2022 and Military Retirement Law No. 2 of 2022.
The new regulations will take effect the day after publication in the official gazette. They include a range of provisions to enhance transparency and safeguard insured citizens’ rights.
The regulations introduce financial rewards for insured individuals who have contributed to the system for over 30 years, with a pension cap set at QAR 100,000.
Additional benefits have been provided for women caring for individuals with disabilities, allowing them to count 20 years of service instead of 25 without any age requirement. This reduces the burden on this group and strengthens their role in society.
Furthermore, the regulations enable beneficiaries to obtain financial advances of up to five times their pension, with a maximum limit of QAR 300,000. These advances can be repaid monthly instalments that do not exceed 25% of the retirement over five years.
The regulations also set clear guidelines for lump-sum compensation in cases of service termination, ensuring the compensation is disbursed within 30 days of applying. In cases of the insured’s death or a final ruling of presumed death after service termination, the compensation will be paid to the heirs in accordance with established procedures.
The General Authority for Retirement and Social Insurance expressed appreciation for issuing these regulations, describing them as a strategic step toward enhancing transparency and protecting citizens’ rights. The authority emphasized that these amendments are part of ongoing efforts to achieve social security and provide a stable environment for beneficiaries, focusing on social justice and fairness in system application.
On another note, retirees praised the regulations, viewing them as crucial to improving their living standards and ensuring financial stability. They also welcomed the new facilitation measures, particularly those related to financial advances and rewards for extended contribution periods.
During his appearance on the Hayatna program on Qatar TV, H.E. Ahmed bin Ali Al Hammadi highlighted the key benefits outlined in the executive regulations. Others emphasized the importance of investing the authority’s funds to support retirees, enhance efficiency, and uphold transparency.
In conclusion, this initiative aims to achieve sustainable development, ensure a dignified life for citizens, and promote social justice and economic prosperity for all segments of society.