He started receiving applications for registration in person and electronically
Abu Dhabi Pension Agency: Pensioners are not included in the “self-employed”
The decision allows registration with the fund “optionally”.
From the source
Yesterday, the Abu Dhabi Pension Fund began receiving requests for self-employed citizens, who wish to register in the fund's retirement system, by receiving applications at the fund's headquarters (in attendance), or through the website.
The Fund launched an indicative campaign to familiarize citizens with business with the most important conditions, mechanisms and benefits of registering as self-insured, explaining that participation in the pension system does not include retired citizens who receive pensions from any pension fund in the state.
In detail, the Abu Dhabi Pension Fund, as of yesterday, opened the door to receive applications for the registration of citizens who are self-employed and self-employed, who wish to be insured by the fund.
He pointed out that there are two mechanisms for submitting applications, the first is to visit the fund's website, and the second is to come in person to its headquarters.
The decision to include citizens from employers, self-employed professions and commercial activities working for themselves, by Law No. 2 of 2000 regarding civil retirement pensions and benefits for the Emirate of Abu Dhabi and its amendments, came into force yesterday, to allow this category to be registered as insured with the Fund “optionally”, to treat them as insured In the private sector.
The fund stated, on its official website, that the decision includes all citizens who practice for their own account a commercial, industrial or agricultural activity in the Emirate of Abu Dhabi, and the law requires them to be registered in the commercial registry or any other registry issued by the emirate, specifying four main conditions that must be met for the registration of working citizens For their own account, the first is that the citizen wishing to register must be at least 18 years old and not more than the retirement age (60 years for men and 55 years for women).
The second is that the citizen is medically fit to practice his activity or free profession with a medical certificate issued by the competent governmental medical authorities in the emirate.
The third is that the applicant must be a citizen of the country.
Finally, he should not be retired from any state pension fund.
The Fund stressed that registration in this service is not obligatory, but rather optional if the person wishing to apply is from the categories benefiting from the decision to include workers for themselves, as subscription is made at the request of the worker for himself only if he wishes to do so, stressing that if The citizen receives a retirement pension from any party in the country, the provisions of the decision will not apply to him, and then he is not entitled to register for his own account in the fund.
With regard to the mechanism of calculating pension contributions, according to the decision to include self-employed workers in the retirement law in the Emirate of Abu Dhabi, the Fund said: “The worker’s journey begins for himself with the Fund by registering his employer or activity, and then registering himself in the Fund, where the Fund provides 20 different income brackets. From which the citizen chooses the appropriate segment for his activity, starting from 12 thousand and 750 dirhams, and up to a maximum of 200 thousand dirhams, and the subscription is made on the basis of the monthly income bracket chosen by the insured according to his monthly income,” explaining that the income bracket means the monthly income subject to deduction, and it will be Calculate pension contributions based on it.
The fund indicated that the subscription value was calculated at the rate of monthly contributions approved by the fund, which is 26%, where the worker is obligated for himself towards the fund to pay 20% of the monthly income bracket he specified, while the government contributes to the worker’s subscription for himself at the remaining 6%.
• The decision includes citizens who practice a commercial, industrial or agricultural activity for their own account in Abu Dhabi.
• The worker is obligated to pay 20% of his monthly income to the fund, and the government contributes 6%.
6 documents to apply
The Abu Dhabi Pension Fund confirmed that citizens wishing to register as insured for themselves must complete six official documents, before submitting the application, either electronically or by going to the fund directly, including submitting official documents and commercial licenses that it owns, or is a partner in, from the authorities. In addition to submitting an acknowledgment of income from the activity that supports the selected income bracket, submitting an acknowledgment that the applicant is not insured with any pension fund operating in the state, in addition to filling out a direct deduction form for the amounts of pension contributions, submitting an acknowledgment and undertaking to approve the deduction, and submitting a copy of the Bank book with IBAN number.
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