Latest news with #GeneralOrganizationforSocialInsurance
Daily Tribune
15-07-2025
- Business
- Daily Tribune
Bahrain Begins New Social Insurance Protection for GCC Citizens Working Abroad
The General Organization for Social Insurance (GOSI) has announced the start of applying Article 12 of the Unified System for extending social insurance protection to citizens of Gulf Cooperation Council (GCC) countries working outside their home countries, in any other GCC member state. This move comes in line with Law No. 68 of 2006 and follows decisions made at the 23rd meeting of heads of civil retirement and social insurance authorities in the GCC countries. GOSI emphasized that this step reflects its commitment to activating shared Gulf regulations and ensuring continuous insurance coverage for GCC citizens. The aim is to protect their insurance rights and create a stable working environment. The organization also urged employers to review their insurance situations, confirm that all due contributions are paid on time, and avoid delays. Private sector employers who delay paying insurance contributions for GCC nationals working in Bahrain will face additional charges. To help explain the details of Article 12 and answer related questions, GOSI will organize an online workshop soon. The workshop link will be shared via email and GOSI's official social media pages. GOSI reaffirmed its dedication to working closely with all private sector entities to support them in fulfilling insurance obligations, benefiting both employers and insured individuals alike.
Gulf Insider
15-07-2025
- Business
- Gulf Insider
Bahrain Begins New Social Insurance Protection For GCC Citizens Working Abroad
The General Organization for Social Insurance (GOSI) has announced the start of applying Article 12 of the Unified System for extending social insurance protection to citizens of Gulf Cooperation Council (GCC) countries working outside their home countries, in any other GCC member state. This move comes in line with Law No. 68 of 2006 and follows decisions made at the 23rd meeting of heads of civil retirement and social insurance authorities in the GCC countries. GOSI emphasized that this step reflects its commitment to activating shared Gulf regulations and ensuring continuous insurance coverage for GCC citizens. The aim is to protect their insurance rights and create a stable working environment. The organization also urged employers to review their insurance situations, confirm that all due contributions are paid on time, and avoid delays. Private sector employers who delay paying insurance contributions for GCC nationals working in Bahrain will face additional charges. To help explain the details of Article 12 and answer related questions, GOSI will organize an online workshop soon. The workshop link will be shared via email and GOSI's official social media pages. GOSI reaffirmed its dedication to working closely with all private sector entities to support them in fulfilling insurance obligations, benefiting both employers and insured individuals alike.
Saudi Gazette
30-06-2025
- Business
- Saudi Gazette
New Social Insurance Law comes into force on Tuesday
Saudi Gazette report RIYADH — The provisions of the new Social Insurance Law, issued by a Royal Decree on July 2, 2024, came into force on Tuesday, July 1. The General Organization for Social Insurance (GOSI) announced this, while noting that this law is applicable exclusively to new civil employees, joining the public and private sectors, who do not have any prior contribution periods in the current Civil Pension Law or Social Insurance Law. The amended law stipulates gradual increase in retirement age while there will be no change in the benefits for the current subscribers of GOSI. The organization stated that the statutory retirement age for individuals affected by the amendments will range between 58 and 65 Gregorian years. The organization stated that this law will contribute to expanding the scope of insurance coverage to include more categories and will achieve flexibility in job transfers between the public and private sectors without affecting subscribers' insurance rights, by unifying insurance provisions under the umbrella of a single law. The new regulations, which will be applied to new subscribers to the Social Insurance System, include a gradual increase in the pension branch subscription rates, starting from the second year of the system's validity until the fifth year, by 0.5 percent annually, so that the cumulative increase reaches 2 percent. Hence the subscription rate becomes 11 percent instead of 9 percent for the subscriber and the employer. The law stressed the need for employers to commit to paying subscriptions on their specified dates, in order to preserve the rights of employees subject to the system. The maternity benefit will also be implemented starting Tuesday, July 1. Under this benefit, the GOSI grants female subscribers, whether Saudi or non-Saudi, maternity compensation for three months upon giving birth. The GOSI urged all its customers, both subscribers and employers, to review all the details related to these provisions through the awareness platform on the organization's website or via the GOSI app.
Saudi Gazette
04-05-2025
- Business
- Saudi Gazette
GOSI launches directory for occupational safety and health standards
Saudi Gazette report RIYADH — The General Organization for Social Insurance (GOSI) launched on Sunday a directory for occupational safety and health standards to serve as a unified reference for specialists, establishments, and relevant entities in Saudi Arabia. This is aimed at enhancing safety and health standards while protecting workers from occupational hazards as part of its broader strategy. The directory was launched at the opening of the seventh edition of the Global Occupational Safety and Health Conference 2025 (GOSH). Minister of Human Resources and Social Development Ahmed Al-Rajhi inaugurated the conference in Riyadh on Sunday. According to GOSI, this directory of guidelines has been developed based on leading international practices in occupational safety and health. It aims to assist employers, workers in facilities, and inspectors by providing clear preventive standards to help reduce injuries and occupational hazards in the workplace. The directory includes more than 4,500 standards covering six main sectors: public industries, construction, agriculture, maritime activities, transport, and mining. Additionally, it features a comprehensive classification of more than 70 sectors based on the national directory of economic activities. The directory will establish standards that contribute to increasing productivity and promoting economic sustainability, aligning with Saudi Vision 2030, which aims to achieve a prosperous economy by creating safe and encouraging work environments. Additionally, it seeks to enhance the Kingdom's position and its leadership role in supporting labor rights and investing in human capital, a fundamental pillar of comprehensive and sustainable development.
Arab Times
17-02-2025
- Business
- Arab Times
Gov't expedites solutions for women affected by revoked nationalities
KUWAIT CITY, Feb 17: Acting Prime Minister and Minister of Interior Sheikh Fahad Al-Yousef reiterated the government's commitment to addressing the situation of Kuwaiti wives whose nationalities have been revoked, ensuring they are guaranteed a decent standard of living. Al-Yousef chaired a meeting at Seif Palace with leaders of various government agencies to follow up on facilitating procedures and processing all transactions related to foreign wives of Kuwaitis, in accordance with Article 8 of the Kuwaiti Nationality Law. The aim is to resolve issues for those whose nationalities were withdrawn, ensuring they live with dignity. During the meeting, Al-Youssef listened to comments and answered government agency leaders' questions about this matter's details. He directed some agencies to expedite the development of solutions for certain cases within this group. The Acting Prime Minister emphasized the government's readiness to address the needs of these individuals, whether by amending laws, decisions, or regulations that may obstruct the implementation of Decree-Law No. 158 of 2024, which amends Article 16 of Amiri Decree No. 15 of 1959 on the Kuwaiti Nationality Law, ensuring a better quality of life for them. Dr. Khaled Al-Ajmi, the Acting Undersecretary of the Ministry of Social Affairs, announced that the profits from contributions to cooperative societies for this group during the previous period would be distributed after the end of the fiscal year for each society. Ahmed Al-Thunayan, Acting Director General of the General Organization for Social Insurance, confirmed that the organization would continue to pay retirement pensions and share distributions to this group on the 9th of each month, as per the established schedule. Ziad Al-Najem, Undersecretary of the Ministry of Commerce and Industry, also intervened, stating that the validity of commercial licenses for individuals from this group would continue, provided that the license holder has no security restrictions. He added that if a person from this category establishes a new company, their maximum ownership in the company would be limited to 49 percent. Finally, the Office of Article 8 Affairs of the First Deputy Minister emphasized its commitment to continuing communication with individuals from this category who have reached out to the office. The office will also coordinate with relevant state agencies and receive forms and communications concerning this matter.
