RIYADH: The General Organization for Social Insurance (GOSI) has decided to follow the Gregorian calendar from June for the payment of pensions to retirees and to family members of those who have passed away.
This decision comes in line with the government directives to unify paydays for all state employees according to the Gregorian calendar.
GOSI spokesperson Abdullah bin Mohammed Al-Abdul Jabbar said the organization will deposit pensions in the accounts of the beneficiaries and family members of the deceased retirees and compensate unemployed people at the beginning of each month starting June 2018.
“The Organization is paying the insurance pensions to beneficiaries in advance according to the social insurance system,” he added.
“After considering the beneficiaries’ material needs for the month of Ramadan and Eid Al-Fitr, the organization decided to start paying pensions starting the first of June. That way, the beneficiaries will receive pensions for the month of June just 17 days after receiving pensions for the month of Ramadan.”
Al-Abdul Jabbar also said since June 1 falls on a Friday, the organization would start disbursing payments on May 31.
The pensions paid by the GOSI monthly exceed SR1.7 billion benefiting more than 360,000 people.
GOSI is a semi-state body that enjoys administrative and financial independence. An eleven-member board of directors, supervises GOSI. The organization exercises its activities through a head office and 21 field offices located in a number of regions and governorates in the Kingdom.
The Social Insurance Scheme is an aspect of social cooperation and solidarity provided by the society for citizens. The scheme covers workers in private sector and a group of workers in public sector. It also provides the contributors and their families with a decent life after leaving work due to retirement, disability or death; medical care for contributors afflicted with work injuries or occupational diseases; and necessary compensation in the event of occupational disability or death.
Saudi Social Insurance body switches to Gregorian calendar starting June
Saudi Social Insurance body switches to Gregorian calendar starting June
- The pensions paid by the GOSI monthly exceed SR1.7 billion benefiting more than 360,000 people
- GOSI is a semi-state body that enjoys administrative and financial independence
Riyadh forum to discuss AI impact on education, jobs
- The exhibition will give young people direct access to educational, training, career, and technological opportunities while enabling them to learn from leading local and international experiences to shape their future careers
RIYADH: Experts from more than 50 international and local organizations in education, employment, and artificial intelligence will gather in Riyadh from Jan. 28-29 for the International Conference on Data and AI Capacity Building to explore the future of education during rapid AI advances.
Discussions will examine how AI is transforming work, its implications for current and future generations, and the new opportunities it creates, the Saudi Press Agency reported on Monday.
Organized by the Saudi Data and AI Authority, the conference aims to redefine work and human capacity building to meet future labor market demands.
Participants will present practical solutions for empowering young people with AI skills, integrating AI into education, and aligning learning outcomes with the most in-demand future skills locally and globally.
By addressing AI’s evolving impact on the job market, the conference offers academics, AI and data professionals, policymakers, and students a platform to exchange insights and explore the latest innovations for societal benefit and national development.
An accompanying exhibition will highlight cutting-edge educational and digital transformation solutions from public and private sector organizations.
The exhibition will give young people direct access to educational, training, career, and technological opportunities while enabling them to learn from leading local and international experiences to shape their future careers.
