UAE Involuntary Loss of Employment Insurance (ILOE) Scheme: Everything you need to know
The Unemployment Insurance scheme is a form of insurance/social security that provides Emiratis and residents working in the federal and private sectors financial support if they lose their jobs as a result of termination by their employers. As of 15 June 2023, the UAE MoHRE has extended the deadline for fines on non-subscribers to 1 October 2023. This guide provides a comprehensive overview of the scheme.
Guide Highlights
- What Is the Unemployment Employment Insurance Scheme?
- Who Needs to Subscribe?
- What Makes a Claim Valid?
- What are the Payment Options?
Technical features
| No of pages | 8 |
| File type | |
| File size | 3MB |
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Frequently Asked Questions (FAQs)
Is the ILOE insurance mandatory?
Yes, effective from 1 January 2023, the UAE has implemented a mandatory unemployment insurance program, requiring all eligible employees to subscribe to ILOE insurance.
What is deadline for subscribing to the ILOE scheme?
The Ministry has announced an extension of the deadline for subscribing to the ILOE scheme. As of 15 June 2023, the new deadline for fines on non-subscribers is 1 October 2023, allowing additional time compared to the previous deadline of 1 July.
What payment options are available for subscribing to the Insurance Scheme?
The UAE Government has provided several convenient payment options to subscribe to the ILOE insurance scheme. These include direct channels such as the ILOE Portal and Official ILOE App, as well as other channels like Exchange Centers, Tawjeeh & Tasheel Business Centers, inclusion in Telecom Service Bills, SMS Payments, and selected Payment Kiosks & Apps.
Where can I find more information about ILOE insurance?
For more information, you can visit the official website at www.iloe.ae or contact the ILOE insurance pool at 600 599 555.
How Can I qualify for ILOE benefits?
Here are three scenarios by which you can qualify for ILOE:
Company Downsizing: If you are laid off due to financial difficulties faced by your company and had no input in the decision, you can qualify for ILOE benefits.
Business Closure: If your workplace suddenly shuts down due to insolvency and you had no control over the situation, you are eligible for assistance.
Project Termination: If you are part of a project that is cancelled due to a lack of funding and are subsequently let go, you would qualify for benefits.
What scenarios make me ineligible for ILOE benefits?
Voluntary Resignation: If you leave your job for personal reasons, such as relocating or pursuing another opportunity, you will not qualify for ILOE benefits since it was your choice to resign.
Dismissal for Poor Performance: Being let go due to consistent underperformance relates directly to your performance issues, making you ineligible.
Gross Misconduct: If you are terminated for serious violations of company policies, such as theft or harassment, you will not be entitled to benefits.
UAE Involuntary Loss of Employment Insurance (ILOE) Scheme: Everything you need to know
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