Media ININ Economy We Trust
Abu Dhabi, on August 7, the General Pension and Social Security Authority concluded the unified campaign, which was launched in cooperation with the retirement and social insurance agencies in the countries of the Cooperation Council for the Arab States of the Gulf, during which awareness was raised about the insurance protection extension system for citizens of the GCC countries working in its countries, by introducing the system of extending protection and the conditions for participation. And the mechanism of paying contributions, and benefiting from the insurance benefits for its participants.
According to the system, the citizens of the GCC states working by the employers in the country where the work is located are insured, so that at the end of the employee’s service period he gets a retirement pension or an end-of-service reward in accordance with the retirement law to which he is subject in the employee’s home country, and the insurance benefits of the system extend to include the beneficiaries Those who were supported by the insured or the pensioner during his lifetime. The authority said: The number of active workers in the UAE who are citizens of the GCC countries in the public and private sectors until the end of the last quarter of 2022, according to the latest statistics, reached 6,755 insured persons from various GCC countries, distributed as follows: 4,266 insured persons from the Sultanate of Oman, And 1271 from the Kingdom of Saudi Arabia, 1120 from the Kingdom of Bahrain, 87 from the State of Kuwait, and 11 from the State of Qatar.
The number of Gulf nationals whose service ended up to the end of the last quarter of 2022 who worked in the UAE reached 9,718 insured persons.
The insurance protection extension system stipulates obligating employers to subscribe on behalf of GCC nationals who work for them according to the insurance system established in their country in terms of registration and subscription. The Gulf employee shall bear the subscription differences, if any.
The campaign to extend insurance protection was launched in conjunction with the unified campaign launched by the countries of the Gulf Cooperation Council to raise awareness of the insurance benefits for Gulf insureds working outside their countries to contribute to enhancing insurance awareness among individuals and to ensure fulfillment of obligations towards them.
