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United Arab Emirates Legislation: Maximum Salary for Pension in Private Sector From 1st January 2021 (Doc ID 2767985.1)

Last updated on MAY 03, 2021

Applies to:

Oracle Fusion Global Payroll Cloud Service - Version 11.13.21.01.0 and later
Information in this document applies to any platform.

Goal

For the United Arab Emirates Legislation, a minimum monthly contributory salary of 3000 AED and monthly ceiling of 60000 AED are predefined. The employers in the private sector are obliged to pay contributions to the fund on the basis of their actual salaries by a minimum limit of AED 6,000 and a maximum of no more than AED 200,000 as of 1/1/2021.


 

Solution

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