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SI calculation for 'Employee Pension Contribution in Government Sector' from 5 percent to 11 percent
Summary:
Pension calculation changes for UAE nationals joining the workforce newly effective 01-Oct-2023
Content (please ensure you mask any confidential information):
As per the new pension law, there is change in pension calculation for UAE nationals joining the workforce newly effective 01-Oct-2023, the employees already in workforce prior to 01-Oct-2023 will have no changes to their pension contributions values.
When can we expect this to be available in system?
Version (include the version you are using, if applicable):
23C (11.13.23.07.0)
Code Snippet (add any code snippets that support your topic, if applicable):
0