Pensions and Social Security

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From September 1999 UAE nationals working for private companies are entitled to the same social security and pension benefits as UAE nationals working for the Government. Through the provision of benefits in the private sector, the Government hopes to attract m o re nationals to non-government jobs, there by speeding up emiratisation of the work force. Under the new national pension and social security scheme, which took effect in the public sector in May 1999, nationals who have contributed to the scheme will be eligible for retirement benefits, disability benefits and compensation on death. Current end-of-service entitlements for government employees have been transferred to the new programme.

The General Authority for Pensions and Social Security (GAPSS), an independent entity which invests employer and employee contributions to fund the social security programme , was set up to operate the scheme. The Government allocated the required capital of Dh 500 million in the 1998 budget for the establishment of the authority, which commenced functioning as an investment body from 15 December 1998. Detailed information on the scheme is available on the following web site:

Visit GAPSS Site for the latest information.