Abu dhabi: The General Pension and Social Security Authority (GPSSA) has announced that long-term career planning is crucial for enhancing financial security. Insured individuals can achieve a maximum pension entitlement of 100 percent of their pension calculation salary after completing 35 years of service under the UAE's pension system.
According to Emirates News Agency, GPSSA emphasized that social security contributions offer financial protection to insured individuals and their families against unforeseen health risks, occupational hazards, or income loss during and after their service period. The authority also highlighted the UAE pension system's emphasis on social solidarity, ensuring that pension payments continue to eligible beneficiaries after a member's death, without a fixed duration, as long as legal entitlement conditions are satisfied. Importantly, a daughter's pension share is not age-dependent, and a widow maintains her share unless her marital status changes.
The GPSSA outlined that specific retirement rights are secured after one year of service, while protective coverage starts from the first day. In instances of total disability, occupational illness, or death, members receive full benefits, regardless of age or tenure, provided the employer meets registration and contribution requirements.
For those ending their service before reaching retirement eligibility, the end-of-service gratuity is calculated using a tiered system that increases value over time. Employees receive 1.5 months of the average contribution salary for each of the first five years, two months for each of the next five years, and three months for each year beyond 10 years.
The GPSSA further noted that extended service not only boosts pension value but also provides exclusive advantages, such as the option to purchase nominal service years, eligibility to combine pension with a salary, and an additional bonus for service exceeding 35 years, calculated at three months' pension salary for each additional year.
GPSSA urged insured individuals to utilize the Ma'ashi digital platform to review contribution salaries, monitor service years, and estimate future pensions or gratuities.