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Dh760,789,820.34 worth pension payments to be disbursed on Tuesday 27th February, announced the GPSSA

Last Updated 26/08/2024 08:35
Dh760,789,820.34 worth pension payments to be disbursed on Tuesday 27th February, announced the GPSSA

Abu Dhabi, 26th February 2024:   A total of Dh760,789,820.34 worth pension payments for the month of February are due to be disbursed tomorrow, on Tuesday 27th February 2024, announced the General Pension and Social Security Authority (GPSSA). 



An evident increase of Dh78,876,646 has been noted in comparison to the same pension amount disbursed last year, which totaled to Dh681,913,174.71.


There are 47,724 eligible Emiratis due to receive this month’s pension amount, indicating an evident increase of 1,780 registered members in comparison to the same month last year, during which the number of eligible members was 45,944.


These expenses are being disbursed to Emiratis who are subject to Federal Law No. (7) of 1999 for Pension and Social Security and its amendments, as well as to eligible beneficiaries whose files are managed by the GPSSA, on behalf of the Ministry of Finance and in accordance to the pension law in which they are subject to.
 

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