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Summary: The Board of the General Pensions and Social Security Authority held its 24th meeting on Sunday, chaired by Shaikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and the Board Chairman, in presence of all the board members.
Obaid Humaid Al Tayer, Minister of State for Financial Affairs and Deputy Chairman of the General Pensions and Social Security Authority, said the criteria were meant to ensure funds and sustainability of the authority.
BOX: The National Human Resource Development and Employment Authority (Tanmia) is in talks with the General Pensions and Social Security Authority to add an article in the social security to protect Emiratis that are made redundant.