GPSSA gets judicial control over pension for Emiratis - GulfToday

GPSSA gets judicial control over pension for Emiratis

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Inspection officers at the General Pension and Social Security Authority (GPSSA) have been granted judicial control when monitoring an employer’s compliance in implementing the pension and social security provisions for their Emirati employees, including registering and contributing on their behalf.

Employers are obliged to submit data for all and any of their Emirati employees upon joining their entity, including end-of-service benefits and salary adjustments, noting that salary contributions for insured Emiratis employed in the private sector are paid in January of each year, without any salary increase or decrease considered after the month of January. If an insured individual joins an entity after the month of January, the contribution calculation of salary of that month becomes the basis of contribution payments until the following January.


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Additionally, private sector entities must provide the GPSSA with salary statements and monthly contributions for all their Emirati employees in January each year, and to ensure any changes that occur, such as number of employees and salary alterations, are reported to the GPSSA on monthly basis. Contributions are calculated on the basis of the last statement submitted to the GPSSA, until the actual due contributions.

During inspection visits, employers must ensure all financial records related to their employees’ salaries, as well as administrative records such as appointment letters, employment contracts, vacations, termination of service and others, are available upon an inspection officer's request. Business owners are also expected to specify the address their company’s headquarters as well as its affiliated branches, and to notify the GPSSA in case any changes occur.

Recently, the General Pension and Social Security Authority (GPSSA) announced the pension disbursement dates for this year.

The authority emphasised the fact that pensions will be disbursed on the 27th day of each month, with exceptions to May and June 2023, whose pensions will be disbursed on the 26th and to August 2023, where pensions will be disbursed on the 25th of that month.

WAM

 

 

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