UAE to disburse over Dh760 million in pensions for February
Amount rises by Dh78 million compared to payment for same period last year
Abu Dhabi: A total of Dh760,789,820.34 worth pension payments for the month of February are due to be disbursed on Tuesday (February 27), the General Pension and Social Security Authority (GPSSA) announced on Monday
An increase of Dh78,876,646 has been recorded in comparison to the pension amount disbursed last February, which totalled Dh681,913,174.71.
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These expenses are being disbursed to Emiratis who are subject to Federal Law No. 7 of 1999 for Pension and Social Security and its amendments, as well as to eligible beneficiaries whose files are managed by the GPSSA, on behalf of the Ministry of Finance.
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