DIFC Employee Workplace Savings (DEWS) Plan

_{IMPORTANT NOTICE: This information is directed at and relevant to members in the DIFC Employees’ Workplace Savings (DEWS) Plan only. If you are not a member of the DEWS Plan, this information is not suited to you. This information does not constitute professional and/or financial advice.}

What is DEWS ?

With the launch of the DEWS Plan in February 2020 for DIFC based employees, the DIFC is introducing a progressive end-of-service benefits plan to restructure the currently defined employee benefit plan into a funded and professionally-managed, defined contribution plan. The initiative also offers a voluntary savings plan, allowing employees working in the DIFC to secure their financial future with ease.

DEWS is enabling employers to have clarity about their EoSB liabity to employees at all times and providing them access to an independent professionally-managed plan. Employees benefit from the full visibility of their EoSB entitlement and having their contributions professionally managed in a cost-effective manner saving for their future financial goals.

Benefit for Employer and Employee

Plan benefits for Employers

Access

Have access to a world class, cost-effective solution that will be based on their current salary rather than the final salary

Attract

Attract 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