"Abu Dhabi Pension": "social media" influencers are covered by the "self-employed registration" system

The Abu Dhabi Pension Fund confirmed that the self-employed system, which was launched last year, to provide an opportunity for citizens who practice commercial, industrial or agricultural activities on their own account, does not require the size or type of activity, noting that all citizens who are business owners and self-employed have the right to They may subscribe to the fund for themselves, including influencers and those who have accounts on various social media channels, and owners of small projects, provided they have a commercial license or any official record issued by the Emirate of Abu Dhabi.

The fund called on citizens, pioneers and business owners, to register in the system to take advantage of the insurance benefits and advantages that the fund provides to those registered under its umbrella, such as the retirement pension and end-of-service benefits, which contributes to securing their future and the future of their families and encourages young entrepreneurs to start their own projects and participate in economic development. To the principality without fear or worry about the future. 

The fund stated that there are 20 different income brackets from which employers can choose the segment that suits them, starting from 12,750 thousand dirhams and a maximum of 200 thousand dirhams, pointing out that the monthly contributions are calculated at 26% of the monthly income bracket, of which the insured bears 20%, While the government bears 6% of the value of pension contributions, in support of employers and self-employed professions for their contribution to supporting the economic growth of the Emirate of Abu Dhabi, and to ensure the principle of justice and equality and the provision of equal opportunities among all insured citizens, as it is the same rate of support for employees of the government and private sectors.

The fund indicated that a citizen can cancel the subscription if he wishes to do so or in the event that his company is closed or his commercial activity officially stopped, and he can also apply to subscribe again after canceling it whenever he wishes, explaining that citizens (pioneers and business owners) can apply for registration with the fund through The fund's website, or by submitting the application directly at the fund's headquarters or the various branches of the fund. 

The Director General of Retirement Affairs at the Abu Dhabi Pension Fund, Khalaf Al Hammadi, confirmed that the self-employment registration system has proven to be a great success and witnessed a remarkable turnout from citizens who own business, and who did not have the opportunity to register themselves in the emirate’s retirement system, and benefit from its advantages and the insurance benefits it provides. The Fund is to secure their future and the future of their families, pointing out that the Fund continues its efforts to improve the retirement system in the Emirate of Abu Dhabi and to extend insurance protection to all citizens in various sectors, and to provide pension services and competitive benefits in accordance with the highest international standards.

And the Abu Dhabi Pension Fund issued a decision in March 2022 to include self-employed citizens from employers, self-employed professions and commercial activities in the retirement law in the Emirate of Abu Dhabi, and to allow them to register as insured persons with the fund voluntarily, provided that they are treated as insured persons in the private sector.

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