The Abu Dhabi Retirement Fund revealed that the total number of citizens insured by the Fund stood at 88,790 insured by the end of last June, after increasing their number by 781 citizens during the second quarter of this year, pointing to the increase in the number of retired citizens during the same period 11 thousand and 728 retired, while the number of beneficiaries 9560.
According to a statistical report issued recently by the Abu Dhabi Retirement Fund (ADF), the number of new insureds reached 781 in the second quarter of this year, while 173 persons died during the same period, 76% of whom were males, compared to 24% of females. 128 retirees from the government sector, 40 from the semi-governmental sector, and finally five from the private sector.
According to the report, the total number of insured persons in the fund as of the end of June was 88,790, including 49,647 male insureds (56%), compared with 39,143 women (44%).
According to the report, as of the end of last June, the total number of joint employees of the Fund stood at 1,306, including 183 in the government sector (14%), 106 in the semi-governmental sector (8%) and 1017 in the private sector (78%).
As for the distribution of insureds by sector, the report showed that the largest share was for the government sector with a total of 58,292 insured (66%) of the total number of insured persons in the emirate, followed by the quasi-governmental sector. The number of insured persons was 22,493 (25%), while the number of insured in the private sector, 8 thousand and 5 retirees (9%) of the total insured.
According to the statistical report, the total number of retirees, as of the end of last June, 11,728 retirees and retirees, including 9457 male retirees (81%), compared to 2271 female retirees (19%) of the total number of retirees, Up to 69% of the total number of retirees in the Fund, compared to 31% retired for "death".
As of the end of the second quarter of this year, 9560 beneficiaries were eligible, representing 3496 retired retirees, of which 8008 were women (84%), compared to 1552 males (16%) of the total number of beneficiaries.
Followed by widows (33%), sons of deceased (males), 16%, fathers and mothers (3%), brothers (0.19%), 0.5%), explaining that the average age of the eligible is up to 42 years, while the proportion of those who receive the minimum pension of them 5%.
The Pension and Retirement Benefits Fund for the Emirate of Abu Dhabi expects the number of insured persons registered with the Fund to increase by 2022 to 102 thousand and 375 citizens and nationals in various sectors of the Emirate, according to the results of the actuarial studies conducted by the Fund on a regular basis.
A prospective study of the Retirement Pensions and Benefits Fund for the Emirate of Abu Dhabi predicts an increase in the number of citizens enrolled in the retirement scheme in the Emirate of Abu Dhabi to 169,163 by 2040.
«Abu Dhabi Pensions» The number of insureds is expected to increase by 2022.
The average age of entitlement is 42 years, while the proportion of those earning a minimum pension of 5%.