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Pension Payments Totaling Dhs760 Million will be Paid out on Tuesday, According to GPSSA

February 26, 2024
in Gulf News, Dubai
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Pension Payments Totaling Dhs760 Million will be Paid out on Tuesday, According to GPSSA

The General Pension and Social Security Authority (GPSSA) stated that pension payments for February are scheduled to be distributed on Tuesday in the amount of Dhs760,789,820.34.

This month’s pension payment to eligible Emiratis is 47,724; this represents an evident rise of 1,780 registered members over the same month last year, when there were 45,944 eligible members.

On behalf of the Ministry of Finance and in compliance with the applicable pension law, these costs are reimbursed to Emiratis who fall under the provisions of Federal Law No. (7) of 1999 for Pension and Social Security and its amendments, as well as to qualified beneficiaries whose files are overseen by the GPSSA.

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