Pensions: see terms and conditions "Shurk" An important step that precedes the decision to change the employer
Abu Dhabi, May 9 / WAM / The General Pensions and Social Security Authority said that the number of beneficiaries of the “Shorek” service reached about 1,382 beneficiaries out of a total of 3,253 insured persons whose service ended since the announcement of the launch of the service on July 1, 2023.
“Shork” is one of the transformational projects launched by the Authority, which allows the previous service period to be added to the next for insured citizens in the government or private sector without bearing the costs of the addition, so that their service period remains connected and continuous, allowing them to complete the period necessary to obtain the retirement pension, which is the goal. Higher than participating in the retirement system.
Since the announcement of “Shorek”, 1,382 insured persons have benefited from the service after resigning from employers and joining other employers operating under the Authority’s umbrella, especially since they met the conditions, the most important of which are: The applicant must be an Emirati citizen working in government or private sector entities covered under the umbrella. The Pensions and Social Security Authority, and those wishing to add their previous period of service that ended from July 1, 2023 onwards, while choosing not to pay the end-of-service gratuity for the purposes of inclusion.
It is also required to benefit from “Shork” that the entity to which the insured intends to move must be an entity subject to the federal pension laws and registered under the umbrella of the Federal Pensions and Social Security Authority. In the event that the insured moves to an employer affiliated with other retirement funds in the country other than the Pensions Authority, he will not be He can benefit from “Shork”. Another condition for benefiting from “Shork” is that the employee must sign a form “Declaration of Non-Payment of End-of-Service Remuneration for the Purposes of Consolidating Previous Service Periods” with his previous employer. Once this is completed, the employee must after joining the employer The new employee must submit a request for inclusion within “three months” of joining the new employer, provided that the period of transfer and joining another employer does not exceed 6 months.
Therefore, the Authority calls on all insured people who wish to benefit from “Shork” to review all previous conditions before making the decision to resign and change the employer to ensure that the conditions are met and to proceed with the “Shork” procedures and achieve the desired goals without delay, with the necessity of following up on completing the joining procedures with the employer. New ones are in accordance with the specified conditions and periods and do not exceed them to ensure benefit from “Shorek”.
– Cases that cannot benefit from “Shork”
“Shork” aims to improve the quality of life of the insured and achieve financial stability for them and their families, especially since it helps the insured to include the service without incurring any additional costs. However, there are cases in which they cannot benefit from “Shork”, which are: the end of the insured’s service before the date of July 1, 2023. , pensioners, and those whose period of service is less than one year, considering that they are not entitled to an end-of-service reward for a period of less than one year.
It is worth noting that the Authority provides its services through its website, including the “Shorek” service. Insured persons wishing to benefit from the service must visit the Authority’s website via the link:
- For more: Elrisala website and for social follow us on Facebook
- Source of information and images “wam“
