UAE Social Insurance Protection: Retirement Benefits for GCC Citizens
- Publish date: Thursday، 22 December 2022
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The General Pension and Social Security Authority (GPSSA) said gulf citizens who work in any of the GCC countries has the right to enjoy social insurance protection, as if he/she is working in their own home.
Explaining the exact process, Hanan Al Sahlawi, Executive Director of the Pensions Sector in GPSSA, said: "A Gulf citizen who works in any of the GCC countries has the right to enjoy social insurance protection, as if he/she is working in their own home country.”
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"Under the unified system for extending protection, GCC citizens working in any of the GCC countries, provided that the provisions of the Pensions and Social Security Law in their country applies to them. As a result, insured will receive end of service benefits in accordance with the retirement law in his/her own country," stressed Al Sahlawi, adding that the provisions of the civil retirement law also include workers in free zones as well as in the hotel and tourism sector.
This includes employers across public and private sectors and their insured.
UAE Implementing the System
The UAE began implementing the system of extending social insurance protection on 1 January 2007 under law No.18, which was issued by the UAE Council of Ministers on 22 July 2007.
She affirmed the social insurance protection law is mandatory and failure to adhere by it by not registering employers will bear additional fines that should be settled in addition to paying the sue contributions.
This article was previously published on UAE Moments.To see the original article, click here