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Home » Insured individuals in the private sector must pay contributions due; GPSSA

Insured individuals in the private sector must pay contributions due; GPSSA

The new law is announced as part of the GPSSA campaign to promote awareness of the rights and duties of the insured in the private sector.
News DeskBy News DeskDec 21, 2022
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GPSSA to Exercise Judicial Control on Employers
Rep.Image: Pexels
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Abu Dhabi: The General Pension and Social Security Authority (GPSSA) has confirmed that insured individuals in the private sector must pay contributions due because it increases insurance benefits at the end of their service and that all types of leaves are included within the insurance contribution period.

The decision is taken as part of the GPSSA campaign to promote awareness of the rights and duties of the insured in the private sector, launched in conjunction with the NAFIS program announced by the UAE government to support Emiratis employed in the private sector.

GPSSA on Private Sector Insurance
Image courtesy: Pension(dot)gov(dot)ae

The GPSSA stated that the UAE Pensions Law is committed to providing the insured and the employer rights and benefits according to the percentage due in the case of a paid vacation.

The authority also pointed out that insured individuals are expected to pay their monthly share of contributions and that of the employer if they decide to study without a paid leave, get seconded to another entity abroad without payment, or even choose to take a special vacation.

According to the law, for sick leaves, the insured must pay their share based on the salary received during the leave, and the employer is required to pay a share on the full salary of the contribution account.

GPSSA on Private Sector Insurance _ Rep.Image
Rep.Image: Pexels

The authority also remarked that the employer in the private sector should pay the contributions on the dates specified in the law under all conditions.

Furthermore, the insured is required to pay the contributions in one payment for special leaves if one of the spouses accompanies the other or for study leave without pay within one year from the date of the end of the leave. The insured is mandated to pay the amount due in instalments for a period equal to the period of the leave, with the approval of the Director General of the Authority, in these cases.

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GPSSA on Private Sector Insurance UAE Pensions Law UAE Pensions Law GPSSA GPSSA NAFIS General Pension and Social Security Authority GPSSA UAE GPSSA on Private Sector GPSSA on Pension Requirements GPSSA on Private Sector Pension
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The above news/article was published by a desk reporter at Emirati Times who sourced, compiled, and corroborated this content. For any queries or complaints on the published material, please get in touch through WhatsApp on +971 5060 12456 or via Mail (at) Emirati Times (dot) com

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