INSEAD Day 4 - 728x90

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Agthia profit, dividend jump

Transformation lifts earnings, cash generation.

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

GPSSA clarifies conditions of insured individuals

GPSSA retains the right to collect its debts ahead of any other owed amounts. (WAM)
  • Emirati nationals should not be less than 18 years old nor over 60.
  • Entities operating in the field of tourism and hotels, including in the free zones, who employ Emiratis are all subject to the provisions of the law.

ABU DHABI, UAE – The General Pension and Social Security Authority (GPSSA) said that the registration of insured individuals in the private sector with the authority is the first step towards receiving benefits as part of GPSSA’s social insurance system.

This is in addition to benefits provided by the NAFIS program for employees in the private sector.

Mohamed Saqer Al Hammadi, Head of GPSSA’s Pension Operations, explained that registration for citizens working in the private sector is mandatory under the provisions of Federal Law No. 7 of 1999 for Pensions and Social Security and its amendments, which obliges employers to register an insured person immediately upon joining work, when the conditions apply.

On the rights of employees in the private sector who are affiliated with the NAFIS initiative, Al Hammadi explained that Emirati nationals should not be less than 18 years old nor over 60 and must be medically fit at the time of appointment, based on a medical report issued by a certified medical provider approved by the GPSSA.

The insured must be a UAE national, and this includes individuals who obtain the nationality at any time.

He said, “All UAE based employers in the private sector are subject to the provisions of the pension law with exception to Abu Dhabi who are subject to the Abu Dhabi Pension Law, including all their branches in other parts of the UAE.”

Free zones and entities operating in the field of tourism and hotels who employ Emiratis are all subject to the provisions of the law.

These companies need to verify their legal position and register their Emirati employees with the GPSSA.