Abu Dhabi: Mubarak Rashed Al Mansoori, Chairman of the Board of Directors of the General Pension and Social Security Authority (GPSSA), chaired the second board meeting for 2025 on Thursday. The meeting commenced with the approval of the previous session’s minutes and a comprehensive review of updates from the Internal Audit and Risk Committee, the Development and Improvement Committee, the Investment Committee, and the HR and Remuneration Committee.
According to Emirates News Agency, board members evaluated the progress of the Ma’ashi digital platform, approved the financial performance report for February 2025, and analyzed updates concerning the 2025-2027 strategic plan. The board also reviewed the investment performance report as of February and addressed additional agenda items crucial for the authority’s operations.
March 2025 statistics revealed a significant increase in contributors, rising to 154,619 from 125,891 in March 2024, marking an increase of 28,728 contributors. The number of registered employers also saw an upward trend, reaching 19,980 compared to 15,615 during the same period last year.
The statistics further indicated a rise in the number of pensioners, which increased to 21,227 from 20,350, while beneficiaries slightly decreased to 8,325 compared to 8,338 a year earlier. Furthermore, pensions disbursed in March 2025 amounted to AED536,361,126, showing an increase of AED56,995,121 compared to the AED479,366,005 disbursed in March 2024.