Dubai World Trade Centre hosts two workshops on Pension Law

Mohammed Saqr Al Hammadi, Director of the Customers Happiness Department of the General Pensions & Social Security Authority (GPSSA), has called the insured to confirm that the specified period of pension eligibility is met before the resignation.
He noted that only few days remained for those whose end of service files are received by the Authority. Such procedure shall encourage GPSSA to call on the employer to meet with the insured and inform him of his rights arising from his decisions before proceeding with the process.
He stressed that the pension is a right acquired by force of law, and maintaining the fulfillment of its conditions guarantees a decent life for the insured and his family.
The declaration was made during two workshops organised by the Dubai World Trade Centre in cooperation with the General Pensions &Social Security Authority to raise the employees’ awareness on the pension law. The workshops were attended by the Dubai Centre managers and employees while Mohammed Saqr Al Hammadi presented them on behalf of the Authority.
Mohammed Al Marzouqi, Senior Manager, Human Resources, emphasised the role of Dubai World Trade Centre in connecting people from all over the world and enabling them to access the latest services and exchange ideas and experiences throughout its busy agenda. "We are working on improving this role internally by providing opportunities that enhance our employees' knowledge of their professional and social life, especially the Pension Law, which affects their lives directly’.
Al-Hammadi stressed on the importance of investigating the employer's registration with the Authority by the UAE national employee who joins a new job on the basis of the latest real salary which he receives. This salary is also subject to the calculated salary from GPSSA since it is directly associated with the insurance benefits issued upon his end of service, he added.
Once the insured are registered, they are covered against the risks of old age, disability and death, occupational injury and diseases. In case of their services termination, their rights shall be settled in accordance with the provisions of the law either by entitlement to the pension once the eligibility conditions are fulfilled or the award in case the conditions are not fulfilled.
Al-Hammadi said there are other insurance rights prescribed by the law for the insured in the case of service termination due to death or total or partial disability resulting from the work injury where a compensation is paid at once for the amount of AED60, 000 to the heirs of the insured whose service ends due to natural death and compensation of one payment of AED75, 000 to the heirs of the insured whose service ends due to death caused by work injury.
He also added that compensation of one lump sum of AED 75, 000 is paid for the insured if the work injury caused him a total disability, and if the result is a partial deficit, he will be entitled to compensation equivalent to (the disability ratio x (AED75, 000). In the event of the pensioner’s death, a grant equalling his due pension for the month of his death and the following three months is paid in one lump sum to his eligible dependents.

Source: WAM