Pensions Board of Directors approved the Final Account for the Authority for the year 2024
Abu Dhabi, June 25 / WAM / His Excellency Mubarak Rashid Al -Mansoori, Chairman of the Board of Directors of the General Authority for Pension and Social Insurance, chaired the third council meeting of 2025, which was held today, Wednesday.
His Excellency began the meeting by welcoming the owners of His Excellency the Council members, then the council took part in discussing its agenda, where he approved the minutes of its previous meeting and its decisions taken to pass, and reviewed the schedule of the authority’s administration’s follow -up for the previous decisions and recommendations issued by it, as well as the decisions and recommendations issued by the meetings of the committees branching for it, which is the Supreme Committee for Human Resources and Reconstruction, the Investment Committee, the audit and risk committee, And the Development and Improvement Committee.
The Council discussed the investment sector strategy and the final account project of the authority for the year 2024, and approved it and recommended that it be submitted to the Council of Ministers for accreditation, as well as the financial performance report until April 2025 and developments in the digital pension platform (pension), then moved to discuss other topics on his agenda and took the appropriate decisions.
It is worth noting that the authority’s statistics for the month of May 2025 indicate that the number of subscribers increased to (157,979) subscribers, compared to about (130,678) subscribers from May of last year 2024, an increase of (27,301) subscribers, and the number of work authorities registered with the authority increased to (20,288) entities compared to about (16,526) agencies over the same period last year, an increase of their amount (3,762) Labor.
The statistics also indicate that the number of retirees increased according to the statistics of May 5202 to (21,417) retirees compared to (20,516) retired from the same period in 2024, and the number of those who are entitled to (8,408) are due, compared to (8,314) due to the same period last year, and the retirement payments spent in May 2025 increased to (478,686,572.69) dirhams, compared to (451,262,595.96) dirhams for the same month last year, an increase of (27,423,977) dirhams.
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