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Thursday, July 25, 2024

To benefit from ‘Nafis,’ update data with GPSSA

The UAE government, through the General Pension and Social Security Authority (GPSSA), contributes 2.5% of the private sector Emirati employees’ contribution amount as part of the “Nafis” program. This support is contingent on keeping both the entity and employee data updated with GPSSA.

During the first five years of employment, the government covers the contribution account salary difference for insured Emiratis working in the private sector, based on their salary and study certificate, on behalf of the entity. To ensure this, it’s crucial to maintain up-to-date data with GPSSA, as this information is linked to the Ministry of Human Resources and Emiratisation.

The contribution rate for insured Emiratis, whether in the government or private sector, is 20%. Of this, the insured individual pays 5%, while the entity pays 15%, with 2.5% of this amount being provided as government support for Emirati employees in the private sector. This results in the private sector entity contributing only 12.5%. It’s important to note that insured individuals must be between 18 and 60 years old at the time of appointment and medically fit to work, with proof from a GPSSA-approved medical authority.

The “Nafis” program’s success relies on the cooperation of registered entities and insured Emiratis who must ensure prompt monthly contributions. All Emiratis working in various sectors across the UAE are covered by Federal Law No. 7 of 1999 on Pension and Social Security and its amendments, except for employees in Abu Dhabi and Sharjah governments and those in the private sector in Abu Dhabi.

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