The Public Authority for Pensions and Social Insurance has announced that pensions for the month of October will be disbursed on Monday, October 27. The total amount allocated for this month reaches 850,328,238 dirhams, which reflects an increase of 38,742,246 dirhams compared to the same month last year when the pension amount was 811,585,992.77 dirhams.
This month, approximately 49,776 beneficiaries will receive funds, marking an increase of 674 beneficiaries from the previous year when the count was 49,102 recipients.
The disbursed funds encompass civilians covered by Federal Law No. (7) of 1999 regarding pensions and social insurance and its amendments, as well as beneficiaries whose cases are managed by the Authority on behalf of the Ministry of Finance in accordance with the relevant pension laws.