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‘Pensions’ clarify the conditions for purchasing the period of legal service for those wishing to retire at an early age

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ABU DHABI- The General Authority for Pensions and Social Insurance confirmed that the pension laws allowed the insured to purchase a non-actual service period added to the years of his actual service, in order to improve the percentage of pension, as the insured wanted to retire at an early age. The commission clarified that the most important conditions for purchasing the period of legal service, according to Federal Law No. 7 of 1999 for pension and social insurance and its amendments, is that the insured has spent 20 years in service, while in Decree Law No. 57 of 2023, whose provisions are applied to those enrolled in work agencies for the first time after the date of October 31 of 2023, the period of service of the insured must be at least 25 years, or 15 years if it is.

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