SCHEMES FOR GOVERNMENT STAFF

Two new programmes are aimed at encouraging Emiratis with established careers in Federal Government to join the private sector. The Start-up Break initiative will begin in 2022 and provide a subsidised career break for Emiratis in Federal Government positions to start a business of between 6-12 months, covering 50 per cent of the employee’s salary.

In addition, an Early Retirement Scheme will provide an opportunity for Emiratis in Federal Government positions to explore new business opportunities and take early retirement to start a new private sector business while retaining their full pension entitlement. Alternatively they can elect to receive a lump sum golden handshake payment.