Document background
The Early Retirement Letter is a crucial document used in the UAE when an employee and employer agree to terminate employment before the standard retirement age. This document is essential for compliance with UAE Federal Decree Law No. 33 of 2021 and must address specific requirements under UAE labor law and pension regulations. It serves multiple purposes: formally documenting the early retirement agreement, detailing financial settlements and benefits, outlining any continuing obligations or restrictions, and ensuring proper handover of responsibilities. The letter is particularly important in the UAE context as it needs to accommodate different calculations and terms for UAE nationals (under GPSSA regulations) and expatriate employees (under UAE Labor Law end-of-service benefit calculations). The document should be prepared with careful consideration of both local legal requirements and company policies.
