Sharjah Social Security Fund reviews future outlook

The meeting was attended by the following board members: Abdullah Ibrahim Al Zaabi, Maryam Majid Al Shamsi, Walid Ibrahim Al Sayegh, Ali Hussein Khalifa Al Mazrouei, Mohammed Obaid bin Rashid Al Shamsi, and Dr Issa Saif bin Hanzal.

Financial performance and development plans

The Board reviewed the Fund’s development plans and programmes aimed at improving service quality for beneficiaries and enhancing operational efficiency. It also considered recent updates, the senior management report, and the Fund’s financial position, in accordance with Article (13) of Law No. (9) of 2017, which permits an assessment of the financial status every three years, in the presence of a specialised actuarial and investment consultancy.

Commitment to sustainability and social stability

The meeting reviewed the financial position report and its results, highlighting performance indicators and their role in strengthening financial management and achieving sustainability. Discussions also focused on further enhancing services for insured members and retirees, in line with the vision and directives of His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, aimed at improving quality of life and ensuring social and job security for citizens and their families.

Appreciation of leadership vision

Sheikh Mohammed bin Saud Al Qasimi commended the vision and guidance of His Highness the Ruler of Sharjah, expressing his sincere appreciation for the ongoing trust, support, and patronage granted to the social security system, and reaffirming the Fund’s dedication to fulfilling its responsibilities while contributing to long-term social and economic sustainability for both current and future generations.