FAQs
General
EoSB is a one-time payment made at the end of your employment, based on your earnings and tenure, while a pension plan involves regular contributions towards a retirement fund.
The EoSB portal offers tools, resources, and expert advice to help you understand EoSB regulations, calculate your benefits, and plan effectively for retirement.
Yes, expatriates are entitled to EOSB under UAE labor law, similar to UAE nationals, subject to the same calculations and regulations.
For disputes regarding EoSB, you can seek assistance from the UAE Ministry of Human Resources and Emiratisation or consult legal professionals specialising in UAE labor law.
For Employees
All employees who complete one year or more of continuous service are eligible for EoSB, traditionally calculated based on your basic salary and years of service.
Yes, under the new regulations, you can make voluntary contributions which can increase your retirement savings and offer more control over your investment.
Your EoSB can be transferred to your new employer, paid out upon termination.
For Employers
EoSB are mandatory payments made to employees upon termination of their employment, calculated based on the duration of service and the employee’s final salary.
Voluntary contributions offers a more flexible and sustainable approach, allowing employers and employees to make voluntary contributions to a savings scheme that supplements the mandatory EOSB.
Employers are required to manage the subscription applications, maintain end-of-service entitlements, and contribute to the employees’ chosen savings plan if participating in the voluntary scheme.
