
GPSSA to disburse over AED834 m in June pension payments tomorrow
The total value of June's pension payments is AED834,511,656.49, an increase of AED51,932,822 compared to AED782,578,834.21 in June 2024. The number of beneficiaries rose to 49,984, up from 48,335 in the same month last year.
Importance of updating personal data
GPSSA urged pensioners and beneficiaries to keep their personal data up to date—either with the authority or their banks—to avoid delays in pension processing.
Use of the Ma'ashi digital platform
The authority also encouraged beneficiaries to use its Ma'ashi digital platform, which allows users to update data, make pension enquiries, and request certificates conveniently online.
Coverage under pension laws
These disbursements include civilians covered by applicable Pension and Social Security Laws and beneficiaries whose files are managed by GPSSA on behalf of the Ministry of Finance under relevant pension legislation.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
an hour ago
- Zawya
UAE ranks 16th globally in ‘Government Support Index' in IMD World Competitiveness Yearbook 2025
The United Arab Emirates has achieved another landmark milestone in its record of global leadership, advancing to 16th place worldwide in the 2025 Government Support Index, one of the key indicators featured in the International Institute for Management Development's (IMD) World Competitiveness Yearbook. This marks a remarkable jump of 27 positions from its 43rd place in 2024. The Government Support Index measures the value of government support as a percentage of gross domestic product (GDP) and serves as a benchmark for the efficiency of public financial resource management, as well as a country's ability to stimulate economic growth through well-targeted and effective public spending policies. The Ministry of Finance affirmed that the UAE's rise to 16th place globally reflects the efficiency of the nation's fiscal policies and the concerted efforts to enhance the effectiveness of public expenditure. This progress has been achieved through an integrated framework of collaboration between the federal government and local financial departments to advance financial analysis tools and optimise resource allocation. The Ministry further noted that it is continuing to strengthen the country's standing in the Government Support Index by improving the quality of financial data and promoting sustainability and fiscal balance practices, in line with the UAE's vision to enhance global competitiveness and achieve the Sustainable Development Goals, in close coordination with local finance departments. The Ministry explained that this achievement demonstrates the increasing trust of international institutions in the UAE's public financial governance framework. It underscores the country's commitment to sustainability across sectors through the development of precise statistical financial reports that accurately reflect the scale and scope of government support, thereby enabling sound, evidence-based fiscal decision-making. The Ministry stressed that it attaches great importance to strengthening fiscal transparency and developing the statistical data infrastructure, highlighting that enhancing data reliability and improving the level of financial disclosure are fundamental pillars in shaping public policy. These efforts reflect the UAE's adherence to the highest standards of financial governance, supporting economic stability and boosting its capacity to respond to global developments with agility and efficiency. The Ministry concluded, 'We aspire to rank among the world's top ten in the Government Support Index by 2026, guided by the vision of our wise leadership and the dedication of our national teams. We will continue to embed a results-driven approach based on effective public spending and financial sustainability to drive the nation's growth.' According to the IMD World Competitiveness Yearbook 2025, the United Arab Emirates ranked among the world's top ten countries in several competitiveness indicators, reflecting the nation's advanced financial performance. The UAE secured first place globally in both venture capital and collected personal income tax as a percentage of GDP. It ranked second in corporate profit tax rate, third in government budget surplus/deficit (US$ billion), and fourth in both decline in collected indirect tax revenues and decline in consumption tax rate. The country also placed fifth in taxes collected on capital and property, sixth in public finance, seventh globally and first regionally in general government expenditure as a percentage of GDP, and ninth globally in real growth of government consumption expenditure. These achievements underscore the UAE's global competitiveness, reaffirm its commitment to fostering a sustainable economic environment, and highlight its ability to adapt to challenges and respond to global economic shifts—further strengthening its position as a leading global economic hub. As part of its national strategy, the Ministry of Finance is working to develop and enhance financial data collection tools through advanced institutional information systems, while strengthening coordination between the federal government and local finance departments. These initiatives aim to improve financial performance indicators and deliver tangible impact on the quality and developmental role of public spending.


Hi Dubai
5 hours ago
- Hi Dubai
UAE Climbs to 16th Globally in Government Support Index with Record Fiscal Performance
The United Arab Emirates has surged to 16th place in the 2025 Government Support Index, leaping 27 spots from 43rd last year, according to the International Institute for Management Development's (IMD) World Competitiveness Yearbook. The rise underscores the UAE's efficient fiscal policies and effective public spending. The Government Support Index measures the value of government support as a share of GDP and assesses how well public financial resources are managed to stimulate economic growth. The Ministry of Finance attributed the improvement to close coordination between federal and local finance departments, advanced financial analysis tools, and optimised resource allocation. The Ministry emphasised that the UAE's progress reflects growing international trust in its public financial governance and highlights its commitment to sustainability, fiscal transparency, and evidence-based decision-making. Strengthening financial data quality and disclosure remains a key priority to support sound policy formulation and economic stability. In addition to its jump in the Government Support Index, the UAE ranked among the world's top ten in several competitiveness indicators. The country secured first globally in venture capital and personal income tax collection as a share of GDP, second in corporate profit tax rates, and third in government budget surplus. It also ranked highly in government expenditure efficiency and real growth of public consumption. Looking ahead, the Ministry of Finance aims to enter the top ten of the Government Support Index by 2026, leveraging results-driven public spending and sustainable fiscal practices to strengthen the UAE's global economic position and resilience. News Source: Emirates News Agency


Zawya
5 days ago
- Zawya
Tax facilities offer ‘golden opportunity' to settle disputes without extra costs: Egypt's ETA chief
Egypt - Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), affirmed that the tax facilities introduced under Law No. 5 of 2025 present a golden opportunity for taxpayers to resolve outstanding tax disputes, especially for those maintaining regular books and accounts. She noted that one of the most significant incentives is that taxpayers who have submitted a settlement request supported by regular accounts, and pay the full amount due within no more than three months from the request date, will be granted a full exemption from late payment fines and any additional taxes related to that dispute. Abdel Aal stressed that these measures reflect the Ministry of Finance and the ETA's commitment to supporting the tax community and easing the burden on compliant taxpayers. Those meeting the criteria benefit from special concessions in dispute settlement, provided payment is made within the prescribed deadline. 'We urge all taxpayers who have submitted settlement requests and keep regular accounts to expedite payment of their dues before the end of the three-month period from the submission date. This will ensure their tax status is resolved smoothly and they receive the full exemption from late payment fines and additional taxes,' she said. © 2025 Daily News Egypt. Provided by SyndiGate Media Inc. (