The Ministry of Human Resources and Emiratisation (MoHRE) announced that more than 6.7 million employees have subscribed to the unemployment insurance scheme as of Wednesday, November 29.
Taking to X, MoHRE said, “The rising number of subscribers reflects the success of the scheme and the high awareness of the insured.”
The Involuntary Loss of Employment Insurance (ILOE) scheme, which came into force on January 1, 2023, is mandatory for all employees across the country, including free zone and federal government workers to sign up for the scheme.
The deadline for enrolling in the scheme had expired on September 30.
The scheme aims to provide public and private sector employees with a three-month compensation amount in case of job loss.
What happens when you do not subscribe?
- Dirhams 400 fine (Rs 9,078)
- Non-subscribers won’t be able to obtain a new work permit until fines are paid
- The fine amount is deducted from the employee’s salary or end-of-service gratuity
Who failed to pay the insurance installment?
- Dirhams 200 (Rs 4,538)— For failing to pay premiums for more than three months from the due date.
- Cancelation of the insurance scheme
Deadline for new employees
Private sector employees with work permits issued after October 1, 2023, must enroll in the Unemployment Insurance Scheme within four months, or face a Dirhams 400 fine.
How to pay fines?
Non-subscriber employees can check fines and make payments via MoHRE smart application, website, or authorized business service centers, and can request installment payments to reduce customer burden.
How to apply for unemployment insurance?
The insurance will be made available through various platforms
- ILOE website and its smart application
- Bank ATMs and Kiosk machines
- Business service centres
- Money exchange companies
- du and Etisalat
- SMS
- Other channels that MOHRE specifies with the service provider (insurance company).
