UAE Pensions announces the categories excluded from the "New Pensions Law"

Asma Ahmed - | UAE

According to the General Pension and Social Security Authority (GPSSA), Decree-Law No. (57) of 2023 on pensions and social security applies to all citizens who begin working for the first time on October 31, 2023, and who work for any federal, state, or local government (excluding private sector employers in the Emirate of Abu Dhabi).

The General Pensions and Social Security Authority has confirmed that the provisions regarding social insurance and pensions delineated in Decree Law No. (57) of 2023 apply to citizens who commence employment for the first time after October 31, 2023, and are employed by any federal or local government employer (excluding Abu Dhabi and Sharjah local governments), as well as private sector employers (excluding Abu Dhabi's private sector).

As part of its "Know Your Law" awareness initiative, the Authority clarified that individuals currently covered by the provisions of Federal Law No. (7) of 1999 for Pensions and Social Security and its amendments who switch employers after October 31, 2023, will continue to be governed by the provisions of Decree Law No. (57) of 2023. Similarly, individuals who received end-of-service benefits or retirees under Law No. 7 of 1999 and returned to work after October 31, 2023, will remain covered by the provisions of Law No. 7 of 1999.

In order to enroll on behalf of the insured, the employee must be a UAE national, aged between 18 and 60 years, and medically fit to work as per an approved medical report upon appointment.

The Authority emphasized the importance of official documents verifying the insured's age, issued by competent authorities and submitted upon initial subscription. Any amendments to the age must be made within one year from the subscription date.

Employers are required to register employees within 30 days of joining the service and provide the authority with a list of those whose services end within 15 days of termination. Employees must ensure that their employers register them and pay contributions on their behalf monthly to avoid any issues related to service termination or insurance benefits disbursement.

The Authority clarified that it is responsible for disbursing pensions and end-of-service benefits, not the employers. Failure to register or subscribe on behalf of the insured results in the inability to access benefits, with fines imposed for late registration.

Employers are solely responsible for registration, subscription, and payment of contributions on behalf of the insured, with fines incurred for violations. Lack of awareness of the law does not exempt employers from these obligations.

Decree Law No. 57 of 2023 has been published on the Authority's website, along with an English translation to assist non-Arabic-speaking employers.

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Asma Ahmed
Asma Ahmed
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