Pension Program
Brief Description
The Pension program aims to help Emirate National employees and employers alike in their pension fund contributions. The support begins with full coverage in the first year, then follows the table below:
For more info, please visit: Nafis | Pension Program
| Year | Y1 | Y2 | Y3 | Y4 | Y5 |
|---|---|---|---|---|---|
| Remaining employee contribution (% of salary) | 0% | 0% | 0% | 0% | 0% |
| Remaining employer contribution (% of salary) | 0% | 2% | 4% | 5% | 6% |
| Contribution rate covered by the government | 20% | 18% | 16% | 15% | 14% |
Eligibility Criteria
- To qualify for the program, applicants must meet the following conditions:
- First, meet the general conditions for UAE Nationals to benefit from Nafis as stated in the website FAQs.
- Currently employed in the private or financial sector.
- Current job starting date after 12 September 2021.
- Earning up to AED 20,000 per month.
- Must not receive any salary from any government entity (local or federal) or any retirement salary, unless it is earned as an inheritance.
- Salaries must be paid through the Wage Protection System or other official payment methods.
- Must have an active pension contribution with either ADRPBF or GPSSA.
- Pension contributions must have been paid for the last 2 months.
- Must not own shares in the establishment where they work.Must not be enrolled in the National Healthcare program through Nafis