General Pension and Social Security Authority   retirement pensions and end-of-services benefits it paid from January until April 23, 2020 amounted to about AED 1,257,723,062. It pointed out that all the procedures for paying such expenses during March and April were completely processed remotely

General Pension and Social Security Authority works for the sustainability and development of its financial resources for covering the social security benefits prescribed by the Law for the insured if the insured’s service ends with pension or end-of-service benefits. The benefits are also covered if the insured has an accident for which the insured will be entitled to indemnity from the Authority

The Authority pointed out that social security comes within a package of privileges provided by the UAE to the citizens in all the fields of life. In addition, the importance of social security lies in that it provides social security protection to the insured and their family members against the natural risks such as old age or non-natural risks such as disability and death

The Authority pointed out that social security highlighted that the total social security expenses spent during this year from January until April 23, 2020 amounted to AED 1,257,723,062 from which the retirement pensions amounted to AED 1,061,175,067 and end-of-service benefits amounted to AED 195,527,994 while the indemnities amounted to AED 1,020,000

Mohamed Saif Alhameli

the General Director of the General Pension and Social Security