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Dubai World Trade Center hosts two workshops on Pension Law
 
Dubai World Trade Center hosts two workshops on Pension Law

GPSSA called the insured to confirm that the specified period of pension eligibility is met before the resignation

Abu Dhabi, 27 May 2017:  Mohammed Saqr Al Hammadi, Director of the Customers Happiness Department of the General Pensions & Social Security Authority (GPSSA), called the insured to confirm that the specified period of pension eligibility is met before the resignation. He pointed out that only few days are remained for those whose end of service files are received by the Authority. Such procedure shall encourage GPSSA to call on the employer to meet with the insured and inform him of his rights arising from his decisions before proceeding with the process.  

Accordingly, He stressed that the pension is a right acquired by force of law, and maintaining the fulfilment of its conditions guarantees a decent life for the insured and his family.

The declaration was made during two workshops organized by the Dubai World Trade Center in cooperation with the General Pensions &Social Security Authority (GPSSA) to raise the employees’ awareness on the pension law. The workshops were attended by the Dubai Center managers and employees while Mohammed Saqr Al Hammadi presented them on behalf of the Authority.

In his turn, Mr Mohammed Al Marzouqi, Senior Manager, Human Resources, emphasized the role of  Dubai World Trade Center in connecting people from all over the world and enabling them to access the latest services and exchange ideas and experiences throughout its busy agenda. He added: ‘we are working on improving this role internally by providing opportunities that enhance our employees' knowledge of their professional and social life, especially the Pension Law, as a law that affects their lives directly’.

For his side, Al-Hammadi stressed on the importance of investigating the employer's registration with the Authority by the national employee who joins a new job on the basis of the latest real salary which he receives. This salary is also subject to the calculated salary from GPSSA since it is directly associated with the insurance benefits issued upon his end of service.

Once the insured are registered, they are covered against the risks of old age, disability and death, occupational injury and diseases. In case of their services termination, their rights shall be settled in accordance with the provisions of the law either by entitlement to the pension once the eligibility conditions are fulfilled or the award in case the conditions are not fulfilled..

He pointed out that there are other insurance rights prescribed by the law for the insured in the case of service termination due to death or total or partial disability resulting from the work injury where a compensation is paid at once for the amount of (60) thousand dirhams to the heirs of the insured whose service ends due to natural death and compensation of one payment of (75) thousand dirhams to the heirs of the insured whose service ends due to work injury death.
Furthermore, he also added that compensation of one lump sum of AED 75 thousand is paid for the insured if the work injury caused him a total disability, and if the result is a partial deficit, he will be entitled to compensation equivalent to (the disability ratio x (75) thousand dirhams). In the event of the pensioner’s death, a grant equalling his due pension for the month of his death and the following three months is paid in one lump sum to his eligible dependents.

Posted by : Dubai PR Network Editorial Team
Viewed 5350 times
PR Category : Events & Exhibitions
Posted on : Saturday, May 27, 2017  12:00:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
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