Military pensioners exempt from home loans repayment
ABU DHABI: The Abu Dhabi Pension Fund and the Abu Dhabi Housing Authority announced the completion of an electronic linkage involving both authorities, to enable low-income military pensioners to automatically submit exemptions from home loans payments.
The announcement came in continuation of the joint efforts and cooperation between the Authority and the Fund to support the pensioners with low income and ensuring the facilitation of governmental transactions and procedures for the various categories of pensioners. The Fund confirmed that this procedure came within its keenness to unify the experience of civilian and military pensioners in taking advantage of all its provided benefits and services, and to improve the services provided to the military retirement sector ater its transfer to the Fund.
The Fund indicated that ater activating the linkage process, the military pensioner wishing to obtain an exemption from housing loans payment shall not bear the burden of applying directly to the Authority, as the Fund will submit the request “automatically” on his behalf, by submiting his data through the electronic linkage of data and information between the two parties if his pension does not exceed (Dhs20,000), provided the Authority, in its turn, discusses the entitlement procedures for the exemption directly, by examining the requests to indicate the military pensioner entitlement in accordance with the defined conditions.
Khalaf Abdullah Rahma Al Hammadi, Director General of the Abu Dhabi Pension Fund, confirmed that the cooperation between the Fund and the Abu Dhabi Housing Authority comes within the framework of implementing the Abu Dhabi Government’s directives for joint government work to improve the services provided to the citizens and support all the categories of pensioners. He pointed out the Fund’s keenness to provide all means of support to the military pensioners and ensuring that they benefit from all the benefits and services provided by the Fund, as part of the unification of the services and benefits provision mechanism for all the categories of pensioners in Abu Dhabi.
Al Hammadi said: “The service provision to automatically request the exemption from housing loanspaymentforthemilitarypensionerswithlimited income comes as a first step within the Fund’s plan to improve the services provided to the military retirement services sector ater its transfer to the Fund, especially as the coming period will witness comprehensive improvement measures at all levels. Moreover, he noted that the Fund is currently working on seting a new development strategy for this sector in accordance with the latest and highest international standards in the field of retirement services, which will positively affect the type and quality of the provided service.