Golden Pension: Over 9,000 Dubai taxi drivers can start saving for retirement

Golden Pension: Over 9,000 Dubai taxi drivers can start saving for retirement

The initiative will help taxi drivers kickstart their retirement savings

Taxi drivers in Dubai can now enjoy a range of exclusive benefits.

Savings and investment company, National Bonds, has announced it will join the Golden Pension Plan for Dubai Taxi Company (DTC) at the Dubai Roads and Transport Authority (RTA).

With this partnership, more than 9,000 drivers can now take advantage of the platform to save money and enjoy a range of benefits. The Golden Pension Plan was launched in a move to ramp up its suite of financial planning solutions for nationals and residents.

Taxi drivers can contribute as little as Dhs100 on a monthly basis and earn a profit on the amount saved. The scheme also aims to help them plan ahead for the end-of-service financials.

The scheme would help employees of registered corporates get a head start in growing their end-of-service benefits as part of their retirement planning and strengthen their financial resilience through the highly competitive returns being offered by National Bonds under this programme.

Drivers will need to download the National Bonds’ mobile application and can view their savings grow in real-time.

Moreover, they will be part of the National Bonds’ rich rewards program of Dhs35 million.