Sheikh Hamdan bin Rashid chairs the board meeting of the General Pension and Social Security Authority Board

Deputy Ruler of Dubai and UAE Minister of Finance H.H. Sheikh Hamdan bin Rashid Al Maktoum has presided, this morning, over the first meeting of the Board of Directors of the General Pension and Social Security Authority for 2015, held at H.H Ruler’s Court in Dubai. The Authority has approved a resolution allows the service incorporation fees to be installed on 4 years rather than 2 years, after retrieving end of service award obtained by the insured. Simultaneously, the resolution will help to take advantage of incorporating the previous service period to increase the insured opportunities to obtain high value of pension amount. The authority also approved a new system to collect fees through the use of ID