Abu dhabi: The General Pension and Social Security Authority (GPSSA) has announced that 6,310 insured Emirati employees have joined the 'Wafra' Proactive Financial Planning programme since its launch in late July 2024.

According to Emirates News Agency, the 'Wafra' project is part of the federal government's transformational initiatives for 2024-2025. The programme aims to foster a culture of early saving and investment among Emiratis, supporting their financial stability and empowering them to make informed decisions to enhance their retirement plans. This initiative aligns with the "We the UAE 2031" vision to build a more prosperous society.

The project was developed by GPSSA in collaboration with the Federal Authority for Government Human Resources' "Jahiz" digital platform for future skills, the Emirati Talent Competitiveness Council's "Nafis" platform, and the Abu Dhabi Global Market Academy, which assisted in designing the programme.

The programme offers a structured learning journey prepared by specialists to educate participants on saving and investing. It provides trainees with the tools needed to manage their finances and adopt sound practices, ensuring long-term economic and social stability for themselves and their families after retirement.

The programme is delivered in two stages: a Foundation Stage focusing on personal financial life cycles, key financial terms, money and debt management, and the value of financial advice, and an Advanced Stage covering pension laws, investment options, wealth management, and planning for post-retirement needs.

GPSSA encourages insured individuals to take advantage of the "Wafra" programme by joining through the "Jahiz" and "Nafis" platforms.