Home » News » “Insurance” reveals conditions for early retirement pension disbursement • Al-Marsad Newspaper

“Insurance” reveals conditions for early retirement pension disbursement • Al-Marsad Newspaper

by Alexandra Hartman Editor-in-Chief

Al-Marsad newspaper: The General Organization for Social Insurance revealed the conditions for disbursing the early retirement pension.

And the social insurance clarified that the contributor has the right to receive the retirement pension when a period of continuous or intermittent participation in the insurance system is available, at a rate of not less than 300 subscription months for early retirement before the age of sixty.

It is worth noting that the pensions branch is applied compulsorily to Saudis only, and the participation rate in it is (18%) of the wage, the employer pays (9%) and the contributor pays (9%).

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