[ad_1]
First announced last October, the program will help employees jump-start retirement savings
document
National Bonds, a Shariah-compliant savings and investment company based in the United Arab Emirates, has announced that the Dubai Taxi Company (DTC) is registered with the Dubai Roads and Transport Authority (RTA).
Through this partnership, in line with DTC’s driver retention strategy, more than 9,000 drivers can now leverage the National Bonds platform to effectively save money and enjoy a range of exclusive benefits.
The Golden Pension Scheme has been launched to enhance its suite of financial planning solutions for nationals and residents. This unique initiative was developed in response to growing demand from employers and employees to help state-registered businesses support the financial goals of their employees.
The program will help employees of registered companies get a head start on increased end-of-service benefits as part of their retirement plans and enhance their financial resiliency through the very competitive returns offered by state bonds under the program.
Under the new scheme, employees have the flexibility to contribute as little as Dh100 per month and earn a profit from the savings, which they can leverage on top of gratuities provided by their organisation. The program is designed to support organizations in their efforts to retain employees and help them plan ahead for end-of-service financials.
Through National Bonds’ easy-to-use mobile app, employees gain visibility into their superannuation portfolio and can see how their savings are growing in real time. Additionally, they will be part of a generous AED 35 million incentive program for state bonds and will be eligible for life takaful insurance from local takaful operators.
Mohammad Qassem Ali, CEO of National Bond Group, said of the golden pension scheme: “Retirement planning is essential to ensure personal stability and financial independence. The UAE now has a population of about 9 million people. We want to make residents Being able to invest in their future while also supporting the business with this smart first-of-its-kind employee retention program.”
“In line with the leadership’s vision of making the UAE a country of choice for employment, the scheme enables companies to invest in their employees’ end-of-service funds so that they can earn additional returns on their gratuities – not many companies do this because of accumulated funds Not being invested, which ultimately deprives employees of these benefits. The visionary leadership of this country has always done their best in protecting and helping the people. Our aim is to contribute to their vision of building a country full of hope for the future, All citizens and residents will be economically empowered.”
Mansoor Rahma AlFalasi, Chief Executive Officer of DTC said, “We are proud to be the first organization to join the Golden Pension Scheme. Through this scheme, the company seeks to provide quality services to its drivers, which contributes to our strategic goal of people’s well-being .
Also read:
[ad_2]
Source link