Distribute retirees’ pension increase: HRH Prince Salman

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, has ordered the distribution of the 2021-22 pension increase to the retirees’ salaries, and deposit in their bank accounts on April 20, 2022.

HRH Prince Salman instructed the Ministry of Finance and National Economy, in coordination with the Social Insurance Organisation, to initiate the implementation of the pension increase distributions.

The directive aligns with reforms to the retirement and social insurance systems that will benefit the fund’s sustainability. This came as His Royal Higness yesterday chaired the weekly Cabinet meeting at Gudaibiya Palace.

The Cabinet highlighted the importance of talks held between His Majesty King Hamad bin Isa Al Khalifa and the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, His Highness Shaikh Mohamed bin Zayed Al Nahyan, in which relations between the two countries and the development of cooperation to achieve common interests were reviewed.

It noted the depth of historical relations between Bahrain and the United Arab Emirates, expressing its thanks and appreciation to the UAE for its comprehensive support of Bahrain.