UAE to disburse over AED 748 million to pensioners tomorrow

The UAE government will hand out the first pension payment of 2024 on January 26, amounting to over AED 748 million.

Making the announcement, the UAE’s General Pension and Social Security Authority (GPSSA) said the first pension payout for 2024 marks an increase of AED 68.01 million as compared to January 2023.

In the first month of 2024, a total of 46,651 pensioners and beneficiaries are registered with the GPSSA — an increase of 700 over the same month last year.

The authority had earlier set the disbursement dates on 27th for every month for 2024, barring January, April, July and October.