GPSSA organizes a forum for 50 government and private sector entities

  • Date: 06-Dec-2023
  • Source: Zawya
  • Sector:Tourism
  • Country:UAE
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GPSSA organizes a forum for 50 government and private sector entities



Dubai – A forum regarding Decree Law No. (57) 2023 has been organized by the General Pension and Social Security Authority (GPSSA) to raise awareness amongst employers regarding the new law.  Over 50 government and private sector entities, that consist of the largest number of GPSSA contributors, attended the bilingual awareness forum today, which was held at the Radisson RED Hotel Dubai.  Attendees were introduced to information on the mechanism for paying contributions at the new rates for three months, starting October until December 2023 as per the new law’s regulations. In addition to the meeting, a circular was sent at the end of November 2023 to government and private sector entities, subject to the provisions of Decree Law No. (57) of 2023 regarding pension and social security, attaching an explanatory guideline on ways by which contribution payments are transferred on behalf of Emiratis joining work for the first time as of 31st October 2023, and who were not previously covered by the provisions of the current Law No. 7 of 1999. To further strengthen the frameworks of joint collaboration between the GPSSA and its employer/entity partners, while offering them sufficient time to prepare their system in line with the