Pension payments for July totalling Dhs794.5 million to be disbursed on Friday
- 24 Jul 2024
Picture used for illustrative purposes only.
The General Pension and Social Security Authority (GPSSA) has announced that Dhs794,520,346.03 in pension payments will be distributed on Friday, 26th July 2024, benefiting 48,199 pensioners and beneficiaries.
This marks an increase compared to July 2023, when Dhs711,323,785.25 was allocated to 46,835 recipients. This month saw 1,364 more pensioners and beneficiaries and an additional Dhs83,196,561 in payments.
The disbursements cover individuals under Federal Law No. (7) of 1999 for Pension and Social Security, along with those whose files are managed by the GPSSA on behalf of the Ministry of Finance, in accordance with applicable pension laws.
WAM