The General Organization for Social Insurance clarified the conditions for obtaining personal financing for retirees, noting that the retiree's age must not exceed 65 years at the time of the last installment payment.

It added that among the conditions is that the total deduction from the pension must not exceed 25%, according to social insurance regulations.

The Social Insurance had earlier clarified that having a commercial register does not affect eligibility for pension benefits.

The Social Insurance said that 'the beneficiary's employment in a job subject to the social insurance system does not affect eligibility for the retirement pension in the pension systems'.

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Comments (13)

Abdullah 6 hours ago

How are the steps for applying for those who know, and is there any benefit or not?

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Abdullah 6 hours ago

How are the steps and the application method?

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Abdullah 6 hours ago

How is the application method and the steps?

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Al-Dawoodi 7 hours ago

Does it include military retirees?

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Khadija Abed Al-Subhi 8 hours ago

If the age of retirees in the new system is 65, what about those who retired at 60 under the old system? Where is the benefit from financing? The beneficiaries are few, not to mention. I suggest that it be up to the age of 70, and ages are in God's hands, and the loan should be given for a period of one to five years, each retiree according to his age, meaning one retiree for two years and another for three years, each according to his age, and thus the benefit would include everyone.

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Abu Ajwan 11 hours ago

Is it a good loan or a loan with interest?

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Abu Saleh 13 hours ago

Impossible conditions: you must be under 65 years old. If the elderly are not eligible, don't call it loans for retirees.

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Sawah 14 hours ago

Upon retirement, I receive bonuses and entitlements that make me independent of loans, and my real need for a loan is usually after age 65.

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Khalif 15 hours ago

We don't know the conditions.

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Mowaten 15 hours ago

Now the retirement age is 65, and the financing conditions require that the age not exceed 65. What a contradiction this is for a lifetime. Make it 70 years, so that when one retires at 65, they are still eligible for financing.

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Saudi citizen 19 hours ago

God willing. Also, Al-Rajhi Bank will not fall short; it will give me a personal loan this year as well, and I'll get a four-wheeled gas motorcycle and live in an atmosphere of play and entertainment full of happiness.

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Al-Juhani 22 hours ago

If banks deduct 35% of the salary, what percentage does Social Insurance deduct?!! We hope for clarification.

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Shalsh 22 hours ago

There is no benefit.

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