172% increase in “private” insured persons until the end of 2022

Abu Dhabi: «Gulf»

Khalaf Al Hammadi, Director General of the Abu Dhabi Retirement Fund, said, “The number of citizens working in the private sector and registered in the fund is witnessing a great development, as a result of the great efforts of the wise leadership, and the facilities and benefits it provides to encourage citizens to join this important and vital sector.” Pointing out that the number of new insured persons registered with the Fund from the private sector increased by 172% until the end of 2022 compared to 2021, and the number of employers registered with the Fund from the private sector increased to 2,100 employers.

He stressed the need for private sector institutions to take the initiative to register themselves with the fund as soon as the first citizen employee joins their work, and then register him within 10 working days. Pointing out that the registration of all national employees from the public and private sectors in the retirement system is mandatory, according to the retirement law in the Emirate of Abu Dhabi, and it must not be tolerated in order to preserve their rights and secure their future and the future of their families, from any emergency situations.

He explained that the registration process for the fund is digital and easy through the official website of the fund. In the event that the employee feels that the employer is lax or lazy in registering him, he must notify the Fund immediately, provided that the Fund’s work team takes steps to preserve his rights.

Regarding what is being raised regarding the inability of some citizens who have recently joined the private sector to benefit from the benefits provided by the state to workers in it, due to their non-registration in the retirement system, Al-Hammadi said, “Any delay in registering citizens in the retirement system necessarily leads to an impact on their rights and various benefits.” prescribed for them according to the laws of the state, and the decisions of the wise leadership. The employer must not delay registration in order to avoid the damages and effects resulting from that, and the role of the fund in the first place is to complete the registration processes following the employer submits the application, which is a digital process that does not require any time or effort from it, but we, in turn, follow up and inspect to ensure that citizens register on time according to the law”.

He pointed out that there is a specialized team that has the power of judicial control, to closely follow up the employers’ compliance with the requirements of the law and the fund, and its role is to direct the employers and help them overcome the obstacles they face and hinder their compliance with the law. Stressing that there are some measures taken once morest the violating parties, such as imposing additional amounts of 100 dirhams per day.

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