Over 46,000 Emiratis to receive pension payments on Jan.26 - GulfToday

Over 46,000 Emiratis to receive pension payments on Jan.26

  • 25 Jan 2024
GPSSA-officials-750x450

Picture used for illustrative purposes only.

The General Pension and Social Security Authority (GPSSA) has announced that a total of Dhs748,951,113.20 worth of pension payments for January will be disbursed on Friday, 26th January 2024.

The GPSSA reported an increase of Dhs68,016,776 compared to the same period last year, which amounted to Dhs680,934,337.51.

There are 46,651 eligible Emiratis who will receive this month’s amount, showing an increase of 700 registered members compared to 45,951 last year.

 These expenses are being disbursed to Emirati nationals subject to Federal Law No. (7) of 1999 for Pension and Social Security and its amendments, as well as to pensioners whose files are managed by the GPSSA on behalf of the Ministry of Finance and in accordance with the pension law to which they are subject.

WAM


Related articles

GPSSA’s new pension law applies to Emiratis joining work starting October 31

Entities affiliated with the GPSSA include UAE-based federal and government sector employers, except for government entities in Abu Dhabi and Sharjah and private sector employers, except for Abu Dhabi.

27 Nov 2023

Benefiting from ‘NAFIS’ requires entities, insured Emiratis to update their data with GPSSA

The government covers the contribution account salary difference for insured Emiratis employed in the private sector in accordance with the value of the salary and study certificate on behalf of the entity during the first five years of their employment.

11 Sep 2023

GPSSA gets judicial control over pension for Emiratis

Private sector entities must provide the GPSSA with salary statements and monthly contributions for all their Emirati employees in January each year

31 Jan 2023

Pension disbursement dates for 2022 announced

The payment will be made on the 27th of each month except for August when it will be given on the 26th, GPSSA said in a statement, adding, in February, March, and November, the pension will be paid on the 25th.

12 Jan 2022

Most Popular Stories

Other Articles

Kerala state shuts schools and colleges amid sweltering heat

India's Kerala state has closed all schools and colleges until Monday due to scorching temperatures, urging people in the coastal region to limit exposure to the sun and take care to prevent wildfires.

an hour ago

Pakistan's lunar mission set to be launched on Friday

The mission holds significance for Pakistan as it will also take a Pakistan CubeSat Satellite iCube-Q, developed by IST. CubeSats are miniature satellites typically characterised by their small size and standardised design.

an hour ago

Medical symposium highlights key advancements in orthopedic care

Leading orthopedic experts addressed the key challenges and advancements in orthopedics and sports medicine during the much anticipated International Medical Symposium, 'Advancements in Orthopedic Care.'

an hour ago

Rebuilding war-ravaged Gaza will cost up to $40b, says UN

Gaza needs minimum 16 years to rebuild lost homes; More than 80% of Gaza schools damaged since Oct.7; Poverty to hit 60% of Gazans if conflict runs 9 months.

an hour ago