88,000 Citizens Registered At Abu Dhabi Retirement Pensions And Benefits Fund
Mohammad Ali (@ChaudhryMAli88) Published December 13, 2018 | 12:00 AM
The "Abu Dhabi Retirement Pensions and Benefits Fund" said that the number of people insured by the fund until the third quarter of 2018 reached 88,050 citizens while the number of those eligible reached 9,498, representing 3,393 deceased retired people.
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 13th Dec, 2018) The "Abu Dhabi Retirement Pensions and Benefits Fund" said that the number of people insured by the fund until the third quarter of 2018 reached 88,050 citizens while the number of those eligible reached 9,498, representing 3,393 deceased retired people.
The number of insured people registered at the fund is expected to increase by 2022 to 102,375, who come from various work sectors, according to the results of studies conducted periodically by the fund.
The fund made this statement during a meeting that was held yesterday by its board of directors, at its headquarters in Abu Dhabi, which was chaired by Riyad Al Mubarak, Chairman of the Board of Directors, and attended by Khalaf Abdulla Rahma Al Hammadi, Director-General of the Fund.
The meeting reviewed the strategic plans of the fund’s departments, as well as the strategic and operational projects that will be implemented next year while the board approved the fund’s new budget for the 2019 financial year.
The board also reviewed the statistics for the third quarter of the current year, which clarified that the number of living retired people registered at the fund reached 7,337, or 68 percent of the total number while the number of deceased retired people reached 3,393 deceased or 32 percent.
The results pointed out that 47 percent of those who are retired have completed their years of service, 34 percent have reached retirement age, and 6 percent are deceased while retirements due to medical reasons make up 1 percent.
Recent Stories
HEC reviews curricula for environmental sciences degree programme
ICC Asia looking forward to an action-packed Asia Cricket Week
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
Greece hands Olympic flame to 2024 Paris Games hosts
Two Kyiv hospitals evacuating over feared Russian strikes
World must act on neurotech revolution, say experts
Charles & Catherine's cancer diagnoses
Champions Alcaraz and Sabalenka through in Madrid Open
King Charles to resume some public duties during cancer treatment: palace
US defense chief announces $6 bn in security aid for Ukraine
Heavy rains cause damage to Spezand-Taftan railway track
Woman stabbed in Israel, attacker killed: police
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
3 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
6 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
6 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
6 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
6 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
6 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
6 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
6 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
6 months ago -
SIBF turns spotlight on remarkable contributions of women
6 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
6 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
6 months ago