{"id":51173,"date":"2022-12-28T14:43:05","date_gmt":"2022-12-28T10:43:05","guid":{"rendered":"https:\/\/www.uaebarq.ae\/en\/?p=51173"},"modified":"2022-12-28T19:19:37","modified_gmt":"2022-12-28T15:19:37","slug":"subscription-to-unemployment-insurance-scheme-starts-on-1st-january-2023","status":"publish","type":"post","link":"https:\/\/www.uaebarq.ae\/en\/2022\/12\/28\/subscription-to-unemployment-insurance-scheme-starts-on-1st-january-2023\/","title":{"rendered":"Subscription to Unemployment Insurance Scheme starts on 1st January, 2023"},"content":{"rendered":"\n

The Ministry of Human Resources and Emiratisation (MoHRE) has announced that the subscription to the Unemployment Insurance Scheme will start on 1st<\/sup> January, 2023, calling on UAE nationals and residents who work in the federal government and private sector to subscribe.<\/p>\n\n\n\n

The Insurance Pool, which is represented by Dubai Insurance, is responsible for providing the insurance service. The Pool offers seven subscription channels: the website www.iloe.ae, the smart application iloe<\/em>, Kiosk machines, businessmen service centres, Al Ansari Exchange, bank ATMs and application, as well as telecommunication bills.<\/p>\n\n\n\n

Stemmed from the Federal Decree-Law No. 13\nof 2022, the Unemployment Insurance Scheme aims to create a low-cost job safety\nnet that supports employees in their professional journey, providing them with career\nstability with no cost on employers.<\/p>\n\n\n\n

Compensation<\/strong><\/p>\n\n\n\n

Anyone who loses their job as a result of\ntermination of services (except for disciplinary reasons or resignation) is entitled\nto a maximum three-month cash compensation.<\/p>\n\n\n\n

The subscription fees depend on the\nemployee\u2019s basic salary. The first category is those with a basic salary of AED16,000\nor less; their subscription fee is AED5 per month (AED60 annually), whereas, the\nsecond category is those with a basic salary exceeding AED16,000; their subscription\nfee is AED10 per month (AED120 annually).<\/p>\n\n\n\n

The first category is eligible for a monthly\ncash compensation reaching up to AED10,000, while the maximum monthly cash\ncompensation for the second category is AED20,000.<\/p>\n\n\n\n

The insurance fees can be paid monthly, quarterly, once every six\nmonths, or annually. The insurance compensation is calculated at\na rate of 60% of the employee\u2019s basic salary in the last six months prior to his\nor her unemployment.<\/p>\n\n\n\n

The compensation should be paid within two weeks from the date the claim is submitted. The insured can submit the claim through various claim channels, including the website https:\/\/www.iloe.ae, smart app iloe<\/em>, or the call centre of the Insurance Pool 600599555.<\/p>\n\n\n\n

The insured must be subscribed for at least 12 consecutive months to be eligible for a cash compensation. However, they would lose the right to claim the compensation should they leave the country or take up a new job.<\/p>\n\n\n\n

Investors \u2013 owners of establishments in\nwhich they work, domestic workers, temporary contract workers, juveniles under\n18 years, and retirees who receive a pension and joined a new job are not\neligible to subscribe to the insurance scheme.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Ministry of Human Resources and Emiratisation (MoHRE) has announced that the subscription to the Unemployment Insurance Scheme will start on 1st January, 2023, calling on UAE nationals and residents who work in the federal government and private sector to subscribe. The Insurance Pool, which is represented by Dubai Insurance, is responsible for providing the …<\/p>\n","protected":false},"author":2,"featured_media":43950,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51173","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news"],"_links":{"self":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/51173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/comments?post=51173"}],"version-history":[{"count":2,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/51173\/revisions"}],"predecessor-version":[{"id":51180,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/51173\/revisions\/51180"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media\/43950"}],"wp:attachment":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media?parent=51173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/categories?post=51173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/tags?post=51173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}