HZLegalFederal Law by Decree No. (57) of 2023 Concerning Pension and Social Security: Definitions

Introduction: Understanding legal terminology is crucial for navigating any legal framework, especially one as comprehensive as the UAE’s Federal Law by Decree No. (57) of 2023 concerning Pension and Social Security. This article will break down the essential definitions outlined in Article 1 of the decree, providing clarity on the roles and terms that affect both employers and employees in the UAE.

Key Definitions in the UAE Pension Law:

1. State:
   • Refers to the United Arab Emirates (UAE), the governing body under which the law is applicable.
2. Government:
   • The term “Government” specifically refers to the UAE Government, which plays a vital role in enforcing and overseeing the law.
3. GPSSA (General Pension and Social Security Authority):
   • GPSSA is the authority responsible for managing and implementing the pension and social security scheme under this law. It acts as the regulatory body ensuring compliance and proper distribution of benefits.
4. Minister:
   • The “Minister” denotes the UAE’s Minister of Finance, who holds significant responsibilities in the execution of this law.
5. BOD (Board Of Directors):
   • The BOD is the governing board for GPSSA, overseeing its operations and ensuring the law is implemented as intended.
6. Employer:
   • In the Government Sector: This includes federal government agencies, public bodies, institutions, and companies where the federal government has a stake. Local government agencies may also be included if requested.
   • In the Private Sector: Refers to any natural or legal person employing national employees, including regional and international missions in the UAE.
7. National:
   • A “National” is anyone who holds the nationality of the UAE, making them eligible for the benefits and obligations under this law.
8. Insured:
   • The “Insured” is any national working for an employer covered by this law. They are the primary beneficiaries of the pension and social security provisions.
9. Pensioner:
   • A “Pensioner” is an individual whose service has ended and who is entitled to receive a pension under the law.
10. Retirement Age:
    • Defined as sixty (60) Gregorian years, this is the standard age at which individuals are expected to retire and become eligible for pension benefits.
11. Pension:
    • The “Pension” is the amount paid monthly to a Pensioner or their beneficiaries, as per the provisions of this law.
12. Beneficiary:
    • A “Beneficiary” is someone entitled to a share in the Pension due to the death of the Insured or Pensioner.
13. Work Injury:
    • Any injury resulting from an accident occurring during or because of work. It also covers accidents occurring while commuting to or from work.
14. Occupational Disease:
    • Diseases predominantly occurring in specific professions, as detailed in Annex No. (1) of the law.
15. Disability:
    • The law defines various types of disabilities (Total Disability, Partial Disability) with specific criteria for how they impact pension eligibility and compensation.

Conclusion: Grasping these definitions is vital for anyone subject to the UAE’s Federal Law by Decree No. (57) of 2023. Whether you’re an employer, employee, or legal professional, knowing these terms ensures that you understand your rights, responsibilities, and the protections afforded by the law.

For more detailed information, it’s advisable to consult the full text of the law or seek legal advice.