Under the United Arab Emirates’ Pension Law, retirees and pensioners can return to work if they wish to do so, the General Pension and Social Security Authority said on Monday.
The authority added that it encourages pensioners to return to work once again if they are under 60 years old.
“The pensioner must however understand the provisions of the law prior to returning back to work, since a pension is not released if the individual’s salary in the new job is equal to, or greater than, the pension salary received previously,” according to a report carried by the official Emirates News Agency WAM.
The report came after the GPSSA’s media team sent out a story under the authority’s periodical ‘Our Stories’ campaign and in response to questions raised over the past week.
The latest story discussed a challenge faced by a character who had retired early at the age of 43 without inquiring about the repercussions. To his dismay, he found out that he would not be able to receive his pension before the age of 50, which is when he took the decision to return to work and merge his previous and current service periods.
The moral of the story, according to the GPSSA, was to continue to encourage people to work for a longer period in order to receive the largest pension percentage possible upon retirement.
The authority said that if a pensioner was planning to rejoin the workforce, he or she would need to update their data with the GPSSA the moment they start their new job, as per the...
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