New Pension Benefits for Emiratis in Private Sector

The UAE's GPSSA and Nafis program has registered over 71,510 Emiratis to receive crucial pension and insurance benefits, enhancing employment security in the private sector.


New Pension Benefits for Emiratis in Private Sector

The General Pension and Social Security Authority (GPSSA) has collaborated with the Emirati Human Resources Competitiveness Council on the Nafis project, linking Emirati employees in the private sector to crucial insurance and pension benefits. Thanks to this electronic connection, 71,510 Emiratis have been enrolled with the GPSSA and are now taking advantage of the services provided by Nafis.

The Nafis initiative was introduced under the government's 'Projects of the 50' to support the UAE's development by offering beneficial services to Emiratis. One of the key components is the access to GPSSA's insurance coverage and pension benefits for male and female Emiratis working in the private sector or seeking positions there, including in free zones, banks, and financial sectors.

To promote Nafis, the GPSSA has run various campaigns to raise awareness among Emiratis about the program. Eligibility for Nafis requires individuals to earn up to AED30,000 from a private sector employer, excluding local or federal government entities.

Nafis offers an active pension contribution plan through the GPSSA, with the condition that individuals register within the first month of their employment and receive their salaries through official payment channels. To access the insurance benefits and Nafis program, individuals need to meet certain criteria, such as being aged 18 to 60, passing a medical exam by an approved healthcare provider, and being a UAE national.

In summary, the Nafis project aims to provide Emiratis in the private sector with essential insurance and pension benefits, ensuring their financial security and well-being through collaboration between the GPSSA and the Emirati Human Resources Competitiveness Council.