Sharjah Social Security Fund discusses its future plans
Sharjah, December 18 / WAM / The Board of Directors of the Sharjah Social Security Fund discussed during its meeting yesterday at its headquarters, headed by Sheikh Mohammed bin Saud Al Qasimi, Chairman of the Fund’s Board of Directors, its future plans and a review of studies and reports related to its financial performance, within the framework of its keenness to enhance the efficiency of the social security system and ensure its sustainability in the Emirate of Sharjah.
The meeting was attended by members of the Fund’s Board of Directors, His Excellency: Abdullah Ibrahim Al Zaabi, Maryam Majid Al Shamsi, Walid Ibrahim Al Sayegh, Ali Hussein Khalifa Al Mazrou, Mohammed Obaid bin Rashid Al Shamsi, and Dr. Issa Saif bin Hanzal.
During the meeting, the Council discussed the Fund’s development programs aimed at improving the quality of services provided to beneficiaries and raising the efficiency of operational procedures, in addition to reviewing the latest developments in the Fund’s work and the report of senior management, and discussing the financial position of the Fund based on what was stipulated in Article (13) of Law No. (9) of 2017 regarding the organization of the Sharjah Social Security Fund, which allows reviewing the financial position of the Fund once every three years, in the presence of an expert house specializing in insurance and investment affairs.
The meeting also reviewed the Fund’s financial position report and its results, while examining its performance indicators and their impact on enhancing the efficiency of financial resources management and achieving financial sustainability, which reflects the Fund’s commitment to a balanced financial approach that supports its insurance and service programs and ensures the continuity of its vital role in serving beneficiaries and enhancing social stability.
The Council also discussed ways to continue improving the services provided to the insured and retirees within the framework of keenness to translate the vision and directives of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Council Member and Ruler of Sharjah, aimed at enhancing the quality of life and ensuring social and job security for the citizens of the emirate and their families.
Sheikh Mohammed bin Saud Al Qasimi praised the vision and directives of His Highness the Ruler of Sharjah, expressing his appreciation and gratitude for his trust, constant care and continued support for the social security system, stressing the Fund’s keenness to carry out its pivotal responsibilities and translate the aspirations of His Highness in achieving social and economic sustainability and a decent living for the citizen, his family members and future generations.
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