DEWS for employees
The DIFC Employee Workplace Savings Plan enables you to take control of your end of service benefits and build towards your financial future.
DEWS, defined by you
DEWS is a regulated plan that allows your employer to fund your end of service benefits and you’ll be entitled to receive a payment from DEWS when you leave service. On top of that, you can also choose to make voluntary contributions through salary deduction whilst you’re employed, enabling you to build some personal savings too. You define how DEWS works for you. Read on to find out more.
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Get started | App | Your money | Investments | Leaving service | Learning academy | Providers | Documents
1. Activate
Your employer will enrol you and when they do, you’ll receive our activation email. Click the link and set a password. If your link expires follow the password reset process using the account name in your email. Usually this is your company name separated by hyphens (-).
2. Verify
Verify your personal details, provide some information about your tax status (this helps us meet our regulatory obligations) and tell us who your beneficiaries are (this helps you safeguard your money).
3. You’re all set!
Key features of DEWS
- Full control and visibility of your end of service benefits
- Professional management & trust protection
- See your contributions & valuation
- View our range of investment options
- Choose an investment strategy that works for you
- Nominate your beneficiaries
- Voluntary saving option
- Flexible options when you leave service
Our app makes it even easier!
Your employer will…
Make a monthly contribution into your DEWS account. The amount is based on your length of service and basic salary.
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5.83% for employees with less than 5 years’ service |
8.33% for employees with 5 years’ service or more |
You can…
Make additional savings through salary deduction if you’d like to – it’s optional. You’re always in control and can choose an amount and frequency that works best for you.
Learn more about the principles of investment here.
Invest according to your needs
All money you or your employer contribute to DEWS will be invested giving you the potential for returns. You can make an investment selection at any time, but if you don’t, your money will be automatically invested in our ‘default’ fund called the ‘Low/Moderate Growth’ Fund.
We’ve got investment sections on our FAQ & Documents page so you can learn
about all the options available to you. You can also use our Fund Centre to check and
compare investment performance.
* The chart below shows the relative levels of expected risk and return for each of the DEWS Plan’s investment options for a member with a long-time horizon. The conventional options are shown in blue, while the Sharia-compliant options are shown in purple. Please note that this is an indicative stylized example for illustrative purposes only and does not imply or offer any guarantee. In addition, realized risk and return figures may differ significantly from those expected, especially over shorter time horizons.
I move from one DIFC company to another
A new DEWS account will be opened for you under your new employer. Your accounts can’t be combined but you can stay invested if you’d like to, which means you can still manage your old account and benefit from any potential investment return, or you can withdraw that money as cash to your bank account using our online withdrawal feature.
I want to access my money after leaving employment
'Through our online withdrawal feature you can request a partial or full withdrawal and submit all of your supporting documents digitally at any time. Log into your DEWS account or app and look for the 'Withdrawals' section.
I want to access my money in employment
The money your employer adds is an ‘end of service’ benefit, so it’s only accessible when you leave employment. If you add extra savings voluntarily, then through our online withdrawal feature you can request up to 2 x partial withdrawals per year, up to 30% of your voluntary savings pot value, digitally and at any time while you're still employed. Log into your DEWS account or app and look for the 'Withdrawals' section.
Loss of life occurs
In the unfortunate event of death your money will be disinvested and sent to your beneficiaries or paid in accordance with Sharia Law – therefore it’s really important that you share your wishes with us via your DEWS account.
I leave my employer and Dubai/UAE
We’re sorry to see you go. You can stay invested if you’d like to, which means you can still manage your account and benefit from any potential investment return, or you can withdraw your money as cash to your bank account using our online withdrawal feature. Remember we can pay locally or internationally.
Your Zurich Learning Academy
Articles, videos and guides to help you administer and make the most of DEWS
Employees - all the guides and documents you need to make the most of DEWS
- Automatic Exchange Information
Why we ask for your tax information as part of your login journey
- DEWS Member guide
Details about DEWS plan, how the journey will be for an employee with the plan.
- Annual Statement Guide
Your guide to understanding your annual benefit statement
- EOSB Transfer Explanatory Note
Your guide to understanding what a transfer of accrued EOSB means for you
If you would like further information or support, visit our FAQ’s & Documents page or use the Help Centre.