DEWS Plan
DEWS – working towards a brighter financial tomorrow
In 2020, the DIFC launched the DEWS Plan to transform the way end-of-service-benefits (EOSB) were managed and to drive a culture of long-term savings that is aligned to global best practices. DEWS has also been chosen by the Government of Dubai as the mechanism to deliver its “Savings Scheme for employees in the Government of Dubai” initiative. DEWS also offers a voluntary savings option, allowing employees to secure their financial future with ease by making additional voluntary contributions.
Since February 2020, DEWS has succeeded in delivering strong investment performance, a relationship of trust and a promise of building a brighter future.
DEWS for DIFC
For new and existing companies and employees in the Dubai International Financial Center (DIFC)
DEWS for Dubai Government Entities and Dubai Free Zone Authorities
Plan benefits for employers
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AccessHave access to a world class, cost-effective solution that will be based on their current salary rather than the final salary
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AttractAttract and retain the best professional talent into the region by offering employees the ability to earn returns on their benefits from a regulated and reputable plan administrator
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CreateCreate greater cash flow certainty with EoSB entitlements spread over their employees’ tenure
Plan benefits for employees
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VisibilityHave visibility of their end-of- service benefit (EOSB) entitlement and certainty of payment
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BenefitBenefit from a facility to make voluntary savings on top of employers’ contributions to secure their long term savings goals
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ChoiceHave a choice as to how their savings will be managed, catering to a range of risk appetites and including Shari’ a compliant options
