Alternative End-of-Service Benefits (EoSB) Scheme

Alternative End-of-Service Benefits Scheme

Empowering you to achieve your long-term investment goals

The Alternative End-of-Service Benefits (EoSB) Scheme, introduced by the Ministry of Human Resources and Emiratisation (MOHRE) and governed by Decree-Law No. (33) of 2021, allows participating employers to channel their employees’ end-of-service gratuity into professionally managed funds approved by the UAE’s Securities & Commodities Authority.

Employers choosing to participate in the scheme would allow their employees to invest their end-of-service benefits in funds, enabling them to receive returns on investment upon completion of their employment.

Empowering you to achieve your long-term investment goals

Investment Options

Choose from three different risk profiles

The Lunate EoSB Scheme offers a choice of three different risk profiles, each covering conventional and Shariah-compliant options.

If an employee does not select an investment option or does not qualify as a “skilled worker”*, they will be automatically enrolled in the Capital Protection** investment Please note, all investments carry risks, including the potential loss of principal. Thus, terms such as “low risk” or “high risk” are subjective and informational only.

*A skilled worker is defined as an employee who earns a monthly salary of AED 4,000 or more, according to the officially recognised labour classification system within the labour market.

**Capital Protection sub-funds may be considered low-risk investments. Nonetheless, the investments may be affected by force-majeure events. strategy (default investment option).

Capital Protection

Provides a stable rate of return over time with minimal risk. The strategy suits conservative investors who prioritise capital preservation.

Balanced

Seeks an equilibrium between a stable rate of return and long-term growth. This strategy is suitable for investors looking for moderate growth while managing risk.

Growth

Prioritises long-term growth of investments. This approach is best suited to investors with a longer time investment horizon and higher risk tolerance.

Benefits of the EoSB Scheme

How can employees and employers benefit?

Increased gratuity potential

The Lunate EoSB Scheme enables employees to earn returns on their end-of-service gratuity, potentially increasing the amount they receive upon concluding their tenure.

Flexibility of choice

Employees can choose how their end-of-service benefits will be managed, catering to various risk appetites, with conventional and Shariah-compliant options.

Robust infrastructure and expertise

Employees benefit from Lunate’s robust infrastructure and expertise, managing end-of-service benefits with high professional standards.

Supplementary investments

Employees can voluntarily add their own contributions and select from different investment options to match their investment preferences.

Simplified process

The Lunate EoSB Scheme reduces the administrative burden for employers by streamlining end-of-service benefit management through SCA-approved investment funds.

Talent attraction and retention

Offering a competitive EoSB Scheme can improve talent attraction and retention by enhancing employee compensation packages.

Professional management

With extensive investment experience, Lunate ensures professional and cost-effective management of employee funds.

Additional contributions

Employers can make additional contributions beyond basic entitlements, reinforcing their commitment to the financial security of their employees.

Investment Strategies

Discover how our investment strategies drive value creation for clients.

Learn More

Asset Classes

We offer our clients bespoke opportunities across the asset-class spectrum.

Explore

Lunate is an Abu Dhabi-based, partner-led, independent global alternative investment manager with close to 200 employees and $105 billion* of assets under management. Lunate primarily invests across the entire private markets spectrum including buyouts, growth equity, early and late-stage venture capital, private credit, real assets, and public equities and public credit. Lunate aims to be one of the world’s leading private markets solutions providers through SMAs and multi-asset class funds, seeking to generate best-in-class risk-adjusted returns for its clients. Lunate recently established ALTÉRRA, the world’s largest private investment vehicle for climate change action, at COP28. Lunate Holding RSC LTD is a firm incorporated in Abu Dhabi Global Market (ADGM) as a Restricted Scope Company. Lunate Holding RSC LTD owns Lunate Capital Limited, Lunate Capital LLC and Alterra Management Ltd. Lunate Capital Limited is a licensed and regulated (Category 3C) firm by the ADGM Financial Services Regulatory Authority (ADGM FSRA). Lunate Capital LLC is licensed and regulated by the Securities and Commodities Authority (SCA) as an Investment Management Company. Alterra Management Ltd is a licensed and regulated (Category 3C) firm by the ADGM Financial Services Regulatory Authority (ADGM FSRA). [* As of 31/03/24]

Shaping your Financial Future

Empowering you to achieve your long-term investment goals

Choose from three different risk profiles

Capital Protection

Balanced

Growth

How can employees and employers benefit?

Register your interest

Complete our contact form to speak to the Lunate EoSB team and register your interest.

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