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Abu Dhabi, 18 July 2025: The General Pension and Social Security Authority (GPSSA) has launched the second phase of the "Advanced Proactive Financial Planning System" project, called "Wafra". This initiative highlights GPSSA's commitment to nurturing national talent and improving the financial and social stability of UAE nationals. Developed in partnership with the Emirati Talent Competitiveness Council through the NAFIS program, "Wafra" focuses on enhancing financial literacy among NAFIS beneficiaries who are covered by the UAE pension laws, empowering them to build a more secure financial future in the private sector.

This initiative is part of the third cycle of transformative projects for federal government entities for 2024-2025. It embodies the leadership's vision and commitment to adopting innovative, human-centric government models that enhance the UAE's global competitiveness. The "Wafra" project aims to improve financial awareness among nationals, helping them achieve greater financial and social stability while making more informed financial decisions. This project directly contributes to the UAE government's ambitious goals of cultivating a more prosperous society over the next decade, aligning seamlessly with the "We the UAE 2031" vision.

Investing in the Future of Emirati Talent

The "Wafra" program is a tangible investment in the future of Emiratis working in the private sector. It equips them with essential financial knowledge through specialized training programs and awareness campaigns available via the NAFIS digital platform. The platform ensures that a wide group of Emirati talent, including private and banking sector employees, job seekers in the local market, and university students, can access its benefits.

The second phase of the "Wafra" program focuses on core themes that address the needs of NAFIS beneficiaries. It aims to educate participants about GPSSA's laws and the benefits they offer, empowering them to make better retirement choices and plan for their future with greater confidence. The program also provides guidance on investment options and effective wealth management strategies post-retirement, highlighting the importance of early financial planning to ensure a stable and secure future.

Strategic Partnership for Empowering NAFIS Beneficiaries

Through the "Wafra" project, GPSSA aims to raise financial planning awareness by 80%. This goal is supported by comprehensive educational programs in social insurance, investment, and savings, developed by the Abu Dhabi Global Market (ADGM) Academy. These tailored programs are designed to equip UAE nationals with the necessary knowledge and tools to manage their finances effectively and confidently.

GPSSA works in partnership with the Ministry of Human Resources and Emiratisation and the Emirati Talent Competitiveness Council, leveraging the NAFIS platform and various media channels. Together, they support the seamless integration of Emiratis into the private sector workforce while driving awareness of the importance of financial planning and investment for financial stability and independence. This, in turn, improves individual incomes and reduces reliance on financial support programs, aligning perfectly with the leadership's vision for building a sustainable knowledge-based economy.

The initial phase of the "Wafra" project, launched in July 2024, focused on raising awareness about financial needs throughout an individual's life. It covered topics such as understanding financial products and terms, effective money and debt management, navigating financial challenges, and seeking financial advice for investment and fund management. This phase laid the foundation for enhanced financial awareness. Today, "Wafra" offers a comprehensive learning experience that empowers Emiratis to achieve their financial aspirations.