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Alternative End-of-Service Benefits System

About the Alternative End-of-Service Benefits System (Savings Scheme):

A voluntary scheme through which end-of-service benefits of employees are invested in well-proven Investment Funds that are with good record, and which are approved by the Securities and Commodities Authority. The sceheme aims to provide investment returns to emplouees on their end-of-service benefits.


How to sign up for Savings Scheme?

The employer submits a request to the Ministry of Human Resources and Emiratisation, then chooses an approved Investment Funds from ones listed in this page. They need to choose the employees they wish to register in the Scheme, while ensuring their employees' entitelents from the previous period (as per the Labour Law) are preserved.


Investment Funds and Fund Administrators:

Name

Phone

Email

Website

Brochure

Ghaf Benefits 800-0444-5068 EoSBenquiries@ghafbenefits.com www.ghafbenefits.com Ghaf Benefits
Daman Investments 04 6109666 damaneos@daman.ae www.daman.ae Daman Investments
National Bonds 600522279 mohre@nationalbonds.ae www.nationalbonds.ae/mohre National Bonds
First Abu Dhabi Bank 02 4996333 fabeosb@bankfab.com www.bankfab.com First Abu Dhabi Bank

Savings Scheme Resgisteration Process:
 Savings Scheme
 Savings Scheme
Payment of Beneficiary's Benefits:
 Savings Scheme
 Savings Scheme
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