Last Updated on: 15th July 2023, 01:17 am
UAE Present Pension Payment Plan For 2023
The United Arab Emirates (UAE) General Pensions and Social Security Agency (GPSSA) has announced this year’s pension payout schedule.
According to the announcement, pensions are paid out on the 27th of each month with three exceptions. In May and June, pensions are paid out on August 26th and 25th.
The first pension payments in 2023 will be paid on Friday 27 January with an estimated value of AED680.93 million. This represents an increase of AED 72.82 million compared to January 2022.
This month, approximately 45,951 retirees and beneficiaries are registered with the GPSSA, an increase of 3,607 from the same month last year.
According to GPSSA, early announcement of the schedule helps registered members manage their financial plans for the year, including covering living expenses, payments, travel and vacation planning, and more.
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