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Pension payments for October to be disbursed on Friday: GPSSA

Pension payments for October to be disbursed on Friday: GPSSA
24 Oct 2024 14:04

ABU DHABI (ALETIHAD)

The General Pension and Social Security Authority (GPSSA) has announced that Dh811,585,992 in pension payments will be distributed on Friday, October 25, adding an increase of Dh70,542,046 in comparison to October of last year during which the value of pensions distributed amounted to Dh741,043,946.

A total of 49,102 entitled pensioners and beneficiaries are due to receive pension payments for the month of October 2024, a notable increase of 1,943 eligible receivers in comparison to last year, during which the number totaled to 47,159 pensioners and beneficiaries.

The expenses incurred include civilians subject to the Federal Pension and Social Security Law No. (7) of 1999 and its amendments, as well as pensioners and beneficiaries whose files are managed by the GPSSA on behalf of the Ministry of Finance and in accordance to the pension laws by which they are subject to. 

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