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Sunday, December 6 - 2009

Should UAE companies consider pension schemes?

  • United Arab Emirates: Tuesday, June 16 - 2009 at 16:57

For decades experts in the Western world have warned that the number of 'baby boomers' reaching retirement, combined with increased life expectancy, will place an unsustainable strain on State pensions. An unavoidable consequence of the percentage of those in retirement increasing is that the percentage of those working (and therefore paying the State pensions of those in retirement) decreases. As a result of this, virtually every company in Europe and the US offers a pension scheme for its employees.

  • Companies in the West regularly contribute to employee pensions
    Companies in the West regularly contribute to employee pensions
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