6,310 citizens invest in their retirement future through “Jahiz” and “Nafis”

The General Pensions and Social Security Authority announced that 6,310 insured citizens have joined the “Wafra” program for proactive financial planning, since its launch at the end of July 2024 through the “Jahez” and “Nafis” platforms.

The “Wafra” project is one of the transformational projects of the federal government agencies for the years 2024-2025. It aims to enhance the culture of saving and early investment among citizens, support their financial stability, and enable them to make informed decisions to improve their retirement future. It comes in line with the “We Are the Emirates 2031” vision, which aims to build the most prosperous society.

The program was designed to educate pension and social security system subscribers about saving and investing through a sustainable learning journey prepared by specialists that provides trainees with cognitive tools to manage their economic affairs, and encourages them to adopt sound financial practices that achieve economic and social stability for themselves and their families after retirement.

The program is divided into two stages: a foundational stage that focuses on the individual’s financial life cycle, basic terms, money and debt management, and the importance of financial advice, and an advanced stage that deals with pension laws, investment options, wealth management, and financial planning to meet future needs after retirement.

The Authority called on insured citizens to benefit from the “Wafra” project by joining it through the “Jahez” and “Nafis” platforms.