• Objective and subject: Unemployment Insurance Scheme: The scheme ensures that workers have access to a temporary income during periods of unemployment until alternative job opportunities become available. By subscribing to the Unemployment Insurance Scheme, workers can receive 60% of their basic salary if they become unemployed for a period not exceeding three months, according to the applicable terms and conditions. The subscription is offered at a nominal cost that workers can pay monthly, quarterly, semi-annually, or annually.
Therefore, it is essential to subscribe to or renew the Unemployment Insurance Scheme through the available subscription channels to benefit from the advantages of the unemployment insurance system and avoid a financial penalty of AED 400. Additionally, if the insured fails to pay the insurance premiums according to the selected payment frequency for more than three months, a fine of AED 200 will be imposed, and the insurance certificate will be cancelled. Compliance with the law spares workers from the specified financial penalties and ensures a stable and decent life for them and their families during periods of unemployment.
• Expected Decisions for implementation: Supporting workers financially, ensuring financial stability, and encouraging them to adhere to the system.