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What is the Partners Pension Rebate on Nafis platform for Emirati employees?

What is the Partners Pension Rebate on Nafis platform, A five-year government support plan for the pension contribution of Emirati employees through a rebate, as well as support for the contribution of private sector employers?

متميز
محمد بخيت للمحاماة والاستشارات القانونية
دردشة توظيف
اجتماع
25 Dec 2024, 09:03

The discount on partner pensions in the Nafis platform is part of the government plan to support the employment of Emirati citizens in the private sector by providing sustainable financial support for the costs of pension contributions.

This plan aims to enhance the employment of citizens and reduce the financial burden on both employees and employers.

The plan lasts for 5 years from the date the employee starts working in the private sector.

The support is provided gradually in accordance with government policies.

متميز
دار الحقوق للاستشارات القانونية
دردشة توظيف
اجتماع
25 Dec 2024, 09:21

Dear Client,

Thanks for your question! I hope you are doing well. I will assist you in this matter.

The Partners Pension Rebate in the Nafis platform is a five-year government initiative that offers a 2.5% rebate on pension contributions for Emirati employees earning less than AED 20,000 per month.

This program aims to encourage private sector companies to hire Emiratis by reducing their financial burden, and supporting the creation of 75,000 jobs for nationals. The total pension contribution is 26% of the salary, with employers contributing 15% and employees 11%.

Thanks & Regards,

ABDUL WAHIED

متميز
مركز لندن للاستشارات القانونية
دردشة توظيف
اجتماع
25 Dec 2024, 09:31

The pension rebate for partners on the "Nafis" platform, according to the government initiative supporting Emirati employees in the private sector, provides a five-year rebate to support pension contributions.

This rebate includes government support of 2.5% of the monthly contribution borne by the employer for Emirati employees in the private sector who earn a pensionable salary of less than AED 20,000.

The initiative aims to assist the private sector in paying pension entitlements for Emiratis and encourages the employment of UAE nationals in the private sector.

For any legal inquiries regarding this topic or other matters, contact us via WhatsApp.

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