GPSSA ensures registration of GCC employees in insurance extension protection system

GPSSA ensures registration of GCC employees in insurance extension protection system

ABU DHABI - The General Pension and Social Security Authority (GPSSA) has announced that its inspectors are required to ensure entities registration of their GCC employees in the insurance extension protection system.

Government, federal and private entities across the UAE are obligated to register and contribute on behalf of their GCC employees as part of the unified system of extending insurance protection, a requirement that GPSSA's inspectors check for during inspection visits.

The registration is mandatory according to Cabinet Resolution No.18 of 2007, which was issued on behalf of the Council in July 2007 to regulate insurance protection provisions for GCC citizens working in any of the GCC countries apart from their own country.

The initiative aims to provide a stable income and a decent end-of-service gratuity for GCC citizens and their families.

The employee and the employer are obligated to bear their monthly share of contributions in accordance with the applicable percentages approved in the employee's home country.

The entity's contribution share should not exceed the percentage applicable in the UAE, which the employee is responsible in covering to ensure full payment of contributions to the pension system in the employee's home country are made.

The difference in amount is deducted from the employee's salary