These changes are aimed at providing workers in the UAE with enhanced retirement benefits and aligning the retirement plan with career aspirations and needs.
The amendments include increasing the maximum pensionable sum to 100% of the deductible salary after completing the maximum number of years of service, with the option to increase this percentage by an additional 2% per year after 25 years of service.
Female employees with children will also have special provisions for early retirement benefits, and employees can continue to receive retirement contributions during periods of temporary leave for family commitments or higher education.
The changes are designed to ensure equality between public and private sector employees and encourage longer contributions to the national economy.