The Minister of Finance,
based on the powers granted to him by law,
after perusal of the Social Insurance Law issued by Royal Decree D/273 dated 26 Dhu Al-Hijja 1445 [2 July 2024],
the executive regulation of the law issued by Minister of Finance Decision 230/Insurance dated 26 Dhu Al-Hijja 1445 [ 2 July 2024],
and Board of Directors of the General Organization for Social Insurance Decision 1508 dated 4 Muharram 1447, corresponding to 29 June 2025, regarding the approval of the program of voluntary savings associations for those covered by the insurance systems managed by the General Organization for Social Insurance,
hereby decides
First
The program of voluntary savings associations for those covered by the insurance systems managed by the General Organization for Social Insurance is hereby approved.
Second
The Governor of the General Organization for Social Insurance shall set the conditions, provisions, and procedures necessary for subscription in any of the associations mentioned in clause First of this decision, taking into account that those conditions and provisions include the following:
1․ Determining the mechanism and deadline for applying to subscribe in any of these associations.
2․ Determining the deadline for paying the monthly subscription amount in any of these associations.
3․ Determining the percentage of subscription in any of these associations, not exceeding 25% (twenty-five percent) per month of the monthly income of the subscriber.
Third
This decision must be published in the official gazette.
Fourth
The Governor of the General Organization for Social Insurance shall work to implement this decision.
May Allah provide success.
Mohammed bin Abdullah Al-Jadaan
Minister of Finance
Chairman of the Board of Directors of the General Organization for Social Insurance
Issued on: 1 Rabi Al-Awwal 1447
Corresponding to: 24 August 2025
Published in Umm Al-Qura 5106 issued on 9 September 2025.