GOSI: Who Qualifies and What You Get
Learn how social insurance and pension contributions work for employees in Saudi Arabia under the GOSI scheme.
GOSI is a national social insurance program that provides coverage and pension contributions for workers.
Who it's for
This scheme is designed for all employees working within the country. It covers the entire workforce, which includes both Saudi nationals and expatriate workers. Whether you are a local citizen or an expat living and working in Saudi Arabia, you are included under this social insurance framework.
What you get
Participants receive comprehensive social insurance coverage and benefit from pension contributions. These contributions are designed to provide financial security and support through various stages of your professional life and into your retirement years. The scheme ensures that workers have access to the necessary social protections provided by the national insurance system.
What it costs you
The cost of participating in the scheme is a monthly percentage of your salary. This is not a one-time fee, but a recurring deduction based on your earnings. This money is used to fund the insurance and pension benefits that you and other workers are entitled to receive.
The catch to know
When you begin a new job, there is a specific requirement regarding how quickly your information must be recorded. To ensure your coverage is active and your contributions are tracked correctly, registration must be completed within a set number of days after you are hired. You should check with your employer to ensure they have met this requirement to avoid gaps in your coverage.
How to apply
- Confirm that you have a formal employment arrangement in place.
- Ensure that your employer has successfully completed your registration with the organization.
- Review your monthly salary statements to verify that the correct insurance and pension deductions are being applied.
- Visit the official portal to manage your information or check your status: https://www.gosi.gov.sa