Employer Registration Private Sector United Arab Emirates : General Pension & Social Security Authority GPSSA
Organization : General Pension & Social Security Authority
Service Name : Employer Registration Private Sector
Country: United Arab Emirates
Website : https://gpssa.gov.ae/ar/Pages/default.aspx#/
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GPSSA Employer Registration – Private Sector
Service Users : Employer
Departments : Registration
Related : GPSSA Add Previous Service Period United Arab Emirates : www.statusin.org/10207.html
Service Recipient : Government to Private
Service Description:
Through this service, Employers within the private sector can proceed with the registration of an establishment or organization at the records of the General Pension and Social Security Authority; Registration is mandatory for all Employers, apart from those registered in Abu Dhabi Emirate.
Required Documents
** Registration form (No.5) duly filled, signed and stamped by the employer.
** Trade license attested by the concerned authorities.
** Commercial Register
** Establishment Card of the Ministry of Labor.
** Emirates ID Card (of the owner)
** Passport (of the owner)
** Form (No. 6) duly filled along with a detailed statement showing Salaries of insured employees as of their joining date, and its update in January of each year.
** Insured Monthly Subscription Deduction Statement duly filled, stating the (5%) amount deducted from the Insured employees’ ‘Salary of Subscription’ with, and (12.5 %) by the employer.
** GPSSA allocates a subscription number for each employer to be referred to in all transactions of the employer with the authority.
Service Fees : Not Applicable
Service Channels:
Abu Dhabi – Headquarter, Dubai – Elmanara Branch, Dubai – Al Tawar branch, Sharjah Branch
Estimated Time : 5 working days
FAQ
What is meant by Pension Calculation Salary?
Governmental sector :
** average of Contribution Calculation Salary for the last 3 years of service (i.e. total Contribution Calculation Salaries through 3 years divided by 36).
Private sector :
** average of Contribution Calculation Salary for the last 5 years of service (i.e. total Contribution Calculation Salaries through 5 years divided by 60).?
How monthly pension is calculated?
** 60% x Pension Calculation Salary = pension for 15 years of service.
** 2% of Pension Calculation Salary for each year after 15 years of service.
Example: 20 years of service, average of Pension Calculation Salary is (AED 25.000)
Pension rate :
** 60% for the 15 years of service
** + 10% for the 5 additional years
** 70% x AED 25.000 = AED 17.500?
What is the maximum limit of pension?
Maximum limit of pension is 100% of Pension Calculation Salary and it becomes payable after 35 years.
When does pension become payable?
Pension becomes payable on the next day of service termination.?
What are the provisions of law applicable if the insured service period exceeded 35 years?
Are there any other benefits entitled to the retired employee in relation to pension and gratuity if the insured service period exceeded 35 years
Are there any other benefits entitled to the retired employee in relation to pension and gratuity if the insured service period exceeded 35 years?
In this case, the insured shall be entitled to death grant for (AED 60.000) if his service was terminated due to natural death, to be allocated to his legal heirs.
What is the period of retirement pension payment?
Pension becomes payable on the next day of service termination and until the death of the pensioner.
Is there a minimum limit to the share of beneficiaries?
Yes, there is a minimum limit to the share of beneficiaries where if this share is less than the said limit, share shall be increased to it:
** AED 800 for the widow or husband.
** AED 600 for each parent.
** AED 400 for the remaining beneficiaries (sons – daughters – brother and sisters)
When shall the beneficiaries share in pension be paid?
As from the beginning of the month following the death of the insured or pensioner.