The Retirement Corporation sets the date for the payment of retirees’ salaries for this month, following news of the payment being postponed

In recent hours, several news reports have spread about the postponement of the date for the payment of pensioners’ salaries for this month, prompting the General Pension Office in the Kingdom of Saudi Arabia to clarify the matter on this matter, especially since it is an important and necessary issue. issue for a large part of the country’s citizens, and given that the institution is the officially responsible body. Regarding the payout date, I would like to clarify whether there was a postponement or not, which we will refer to in the following lines.

The date of payment of pensioners’ salaries for this month

Pensioners’ salaries are usually paid on a fixed day every month, and in the event of a change in the date for any reason, the institution will announce it before the payment date arrives, and pensioners’ salaries will be scheduled to be paid on paid the next day. 25th of each calendar month, and given that this month falls on a public holiday, the payment date is moved forward one day to September 24.

Also read: What is the limit that prevents a citizen’s account in Saudi Arabia?, the program explains.

The truth about increasing the pension salary

The Saudi Retirement Corporation announced the increase in pension salary, which is expected to be paid early this month. It explained that its value varies between 3% and 5% of the value of the basic pension salary. This coincided with the announcement of the pensioners’ salary scale last Wednesday, corresponding to May 6, this month of October.

Also read: How to calculate Social Security salary via calculator with the new increase.

How to get an old age pension

The intention is to start withdrawing the salaries of pensioners on the date specified for this purpose and announced by the Pension Institution, provided that the salaries due are withdrawn through the methods officially indicated by the institution, the most prominent of which is the ATM is. machines distributed in all governorates, knowing that the salary is available 24 hours a day, today and not at specific times to avoid overcrowding during drainage.

How do I inquire about the pension salary?

By opening a link MHe fell Company public For insurance Social.

Does the pension end?

It ends only in one case, namely the death of the beneficiary.

What is the retirement age in Saudi Arabia?

The legal retirement age is 60, but there is also early retirement, for which you must reach 25 years if you have worked 300 months.

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