News

The General Organization for Social Insurance (GOSI) calls Saudi citizens, registered in the social insurance law, who have been made redundant from work due to reasons beyond their control, to check their eligibility and apply for the benefits offered by the insurance law for the unemployed "SANED" through GOSI website within 90 days of quitting the job. 
 
GOSI stated that "Saned", the unemployment insurance scheme, aims at providing social protection for Saudi workers in the private sector and the governmental employees covered by social insurance law, in addition to providing monthly income during the transitionary period between leaving the previous job and getting the new one. GOSI also clarified that the paid compensation is amounted to 60% of the average value during the previous two years of the covered monthly wages for each month of the first three months, with a maximum amount of 9000 SAR for the compensation amount, and 50% of this average amount for every following month, with a maximum of 7500 SAR. 

Concerning the compensation period, the organization mentioned that the maximum duration to get the compensation is twelve months for each entitlement, either continuously or intermittently. GOSI assured that "Saned", the unemployment insurance scheme, allows the beneficiaries to make use of the several training options that suit their qualifications and experience, so that they can get new job opportunities and finding new ones through offering them the available job vacancies provided by the Human Resources Development Fund.