The Council of Ministers approves the social insurance system for new entrants to the workforce

Prince Mohammed bin Salman, Crown Prince and Prime Minister

The Council of Ministers approved the new social insurance system for new entrants to work, and that the provisions of the civil retirement and social insurance systems will continue to apply to current subscribers.

The Council explained, according to what was reported by the Saudi Press Agency, that the provisions related to the regular retirement age and the period eligible for pension entitlement for some categories are exempted from this.

During the meeting, the document for the project to allocate (14) sports clubs was approved, and the Supervisory Committee for Allocation in the Sports Sector was granted the authority to issue approvals for the allocation of sports clubs of the following grades: (professionals, first, second, third, and fourth).

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