UAE News Today : Politics

More than 6.6 million subscribe to the unemployment insurance plan

More than 6.6 million are subscribed to the unemployment insurance plan Starting November 15, 2023, the Ministry of Human Resources and Emiratization (MoHRE) revealed on Wednesday, saying:

“The growing number of subscribers reflects the success of the Plan and the high level of awareness among policyholders.”

The Plan, which came into force on January 1, 2023, guarantees social protection for workers (citizens and residents) of the federal government and the private sector, as it provides three months’ compensation for the insured in case of unemployment and up to let them find a job.

The deadline to register for the unemployment insurance plan expired in October and non-subscribers must pay a 400 AED fine, in accordance with Cabinet Resolution 97 for 2022 on Unemployment Insurance rules and mechanisms, which also stipulates a 200AED Subscribers who fail to pay scheduled subscription fees will face fines.

The Ministry had announced in June 2023 the postponement of the imposition of fines on non-subscribers from July 1, 2023 to October 1, 2023 to give more time to those included to subscribe.

“Administrative measures will be taken against those who do not pay the fines, including not granting them new work permits until they pay the fines, as well as deducting the amount of the fine from their salaries or end-of-service bonuses.”

he explained.

Terminated workers can check the amount of fines they have incurred and make the payment through the MoHRE smart app, its website or by visiting one of the authorized merchant service centers. Digital channels also offer the option to submit requests to allow payment of fines in installments, with the aim of reducing the burden on customers. The Ministry accepts fine waiver appeals if all supporting documents are submitted, and decisions on appeals are made within 15 working days of submission through official MoHRE channels.

“We call on subscribers to comply with the agreed payment schedule and pay their insurance on time”

MoHRE saying.

“Failure to pay on time leads to a fine of AED 200 as well as cancellation of the insurance policy.”

Employees of private sector establishments who have issued their work permits after October 1, 2023 must subscribe to the Unemployment Insurance Plan within four months, the Ministry explained, noting that those who do not register within the period specified will incur a 400 AED good.

Certain groups are exempt from registering with the Unemployment Insurance System, including investors (business owners who own and manage their establishments), domestic workers, temporary employees, those under 18 years of age, citizens who have the right to retire and retirees who receive a pension and have joined a new employer.

Subscription can be done by visiting the Involuntary Loss of Employment Insurance Fund (ILOE) website (www.iloe.ae), the ILOE smartphone application, designated physical self-service kiosks, ATMs, service centers business, exchange companies (such as Al Ansari Exchange), banking applications, telecommunication company bills and SMS.

He unemployment insurance plan is divided into two categories: the first covers those with a basic salary of AED 16,000 or less, where the insurance premium for the insured employee in this category is set at 5 AED per month (AED 60 per year), and the maximum monthly compensation is set at AED 10,000.

Meanwhile, the second category includes those with a basic salary above AED 16,000, where the insurance premium is 10AED per month (AED 120 per year). Monthly compensation for this category is capped at AED 20,000.

Insurance compensation can be claimed as long as the insured (employee) has been subscribed to the Unemployment Insurance Plan for at least 12 consecutive months. The insured’s right to compensation is lost if she leaves the country or takes a new job. The compensation claim is processed within two weeks of its submission.

Compensation is paid for a maximum of three months from the date of unemployment, provided that the employee concerned has not been dismissed for disciplinary reasons and has not resigned voluntarily.

The amount of compensation is calculated at a rate of 60% of the average base salary of the last six months before unemployment.

News source: Emirates News Agency

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