UAE launches an optional savings system as an alternative to end-of-service benefits for residents

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The new system will allow employers to save and invest the end-of-service bonuses of their employees in private sector savings and investment funds supervised by the Securities and Commodities Authority in coordination with MoHRE.Participation in the syst

The new system will allow employers to save and invest the end-of-service bonuses of their employees in private sector More... https://www.emirates247.com/business/economy-finance/uae-launches-an-optional-savings-system-as-an-alternative-to-end-of-service-benefits-for-residents-2023-11-01-1.727354