30-day deadline to register Emirati recruits for pension
Employers have 15 days to submit names of insured Emiratis whose service ends
The General Pension and Social Security Authority (GPSSA) said that employers subject to the provisions of Federal Law No 57 of 2023 regarding pension and social security are required to register their Emirati employees within 30 days of their employment.
Entities must provide the GPSSA with the names of insured Emiratis whose service period ends within 15 days. Failure to do will will result in an additional charge of Dh200 for each day delayed, multiplied by the number of insured employees working in the entity.
Contributions must be paid starting from the date the employee has joined the entity, even if that means him/her joining during the middle of the month or leaving the entity before the month is over.
Contribution payments must be transferred at the beginning of each month, with a maximum grace period of 15 days. The amount is non-refundable.
In the event of late payments, the employer is obliged to pay an additional 0.1 per cent of the contributions due for each day delayed without prior notice or warning. Contributions must be paid based on real salaries,
meaning the insured’s payments are paid based on the contribution account salary.
Contributions are paid for employees in the private sector according to the January contribution account salary of each year. If the employee joins after January, contributions are calculated based on the salary of the month by which he/she joined the entity until the following January.
Non-payment of contributions on actual salaries requires an employer to pay an additional 10 per cent of the value of contributions due without warning or prior notification.
Non-payment of contributions on actual salaries requires an employer to pay an additional 10 per cent of the value of contributions due without warning or prior notification.