UAE: Pension Payments Of Dh794.5 Million To Be Distributed On Friday

2025-06-13 04:26:05

(MENAFN- Khaleej Times)

Around Dh794.5 million will be distributed on July 26 2024, benefiting 48,199 pensioners and beneficiaries, the General Pension and Social Security Authority (GPSSA) announced.

Stay up to date with the latest news. Follow KT on WhatsApp Channels.

Recommended For You Air India plane crash: Operations resume at Ahmedabad airport UAE: Some retired citizens struggle with cost of living, lawmaker calls for support

Dh794,520,346.03 in pension payments will be distributed on Friday. This marks an increase compared to July 2023, when Dh711,323,785.25 was allocated to 46,835 recipients. This month saw 1,364 more pensioners and beneficiaries and an additional Dh83,196,561 in payments.

The disbursements cover individuals under Federal Law No. (7) of 1999 for Pension and Social Security, along with those whose files are managed by the GPSSA on behalf of the Ministry of Finance, in accordance with applicable pension laws.

ALSO READ:

Abu Dhabi announces interest-free marriage loans of up to Dh150,000 for Emiratis

Abu Dhabi launches up to Dh3 million interest-free loans for start-ups

Mind Your Money: Time for a mid-year financial checkup

MENAFN13062025000049011007ID1109669510

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.