Introduction to the GPSSA
The General Pension and Social Security Authority (GPSSA) was established in accordance to Federal Law No. (6) of 1999.
The Authority has a legal and budgetary autonomy, and is affiliated with the UAE Minister of Finance.
Laws and regulations
The General Pension and Social Security Authority (GPSSA) is responsible for applying the provisions of the pension laws to Emiratis employed in the federal, government and private sectors, excluding those working in the government and private sectors in Abu Dhabi, and in the government sector in Sharjah.
Scope of Work
The General Pension and Social Security Authority (GPSSA) is responsible in implementing the provisions of Federal Law No. (7) of 1999 regarding pension and social security and its amendments; Federal Law No. (57) of 2023 regarding pension and social security and its amendments; as well as managing the provisions of the GCC Unified Insurance Protection Extension system.
GPSSA’s Board of Directors
In accordance with the established law, GPSSA’s Board of Directors is formed and headed by the Minister of Finance and other representatives from across various government and private sectors.
The board is headed by His Excellency Mubarak Rashed Al Mansouri, and the Establishment Law considers the ‘Board of Directors’ as the supreme council to manage the affairs of the Authority.
The law specifies the powers of the board of directors, as well as that of the Director General.
Achievements
Since its establishment, the GPSSA has achieved tangible accomplishments in terms of extending its insurance protection services to a large number of customers, including Emiratis employed in ministries and in federal, government and private sector entities; business-owners; self-employed individuals; entrepreneurs; Emiratis working in the GCC region, and GCC nationals working in the UAE.
The GPSSA is committed to providing high-quality services to individuals with insurance rights, including contributors, pensioners and beneficiaries, and continues to work towards developing its services to create financial sustainability, happiness and wellbeing for retired citizens and their families, thereby fulfilling their obligation towards creating a stable and fruitful future for the next generation.
This has been made possible through a flexible pension and social security law, which focuses on delivering insurance rights and benefits, while leaving ministerial decisions and executive regulations to the board, in order to focus on keeping pace with changes in society, while avoiding being subjected to fluctuation and amendments.
