UAE News Today : Politics

UAE Pensions Authority Announces Major Changes to Shourak Program

The amendments to the Shourak program apply to applications submitted to GPSSA after July 1, 2023 retroactively, as some applications submitted during that period exceeded the one-month period and were rejected accordingly.

To ensure that requests are valid and that end-of-service bonuses are not paid to policyholders in the process, the policyholder must submit a request to their entity before the end of the service period and sign a “no” statement of agreement. receive the termination of service bonus, as well as join a new employer within “six months” following the period of termination of service. An application to merge the service must be submitted within “three months” of joining the new entity; The amendment applies retroactively to those whose term of service ended after July 1, 2023.

It is crucial that the insured is “not” indebted to the government for any reason related to professional performance and to recover what was unfairly paid.

Additionally, Shourak does not apply to prior years of employment that ended before July 1, 2023, but instead includes periods of service that ended after that date. The program is aimed at insured individuals who wish to move from one employer to another under the GPSSA umbrella, whether federal, government or private entities, while it does not apply to those whose terms of service have ended with an entity subject to other UAE . based pension authorities.

Pensioners or persons who meet the criteria for pension entitlement are not included in the Shourak programme, nor are those who have worked for a period of less than one year, as insured persons are not entitled to receive an end-of-year bonus. service if they have spent less than a year in an entity.

Policyholders cannot claim an end-of-service bonus for their previous years of employment once they have undergone Shourak procedures.

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