From Gratuity to Group Pensions: Insurance Solutions for Dubai’s End-of-Service Reform

The reform of the end-of-service gratuity system in the UAE has become a turning point in the approach to pension payments. The traditional lump-sum payoff model has been accepted as the standard for decades. However, its weaknesses became obvious: the lack of investment options, dependence on the sustainability of the company, the inability to make voluntary contributions, and the complete […]