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Synopsis
The report provides in-depth industry analysis, information and insights of the employee benefits in Saudi Arabia, including:
- Overview of the state and compulsory benefits in Saudi Arabia
- Detailed information about the private benefits in Saudi Arabia
- Insights on various central institutions responsible for the administration of the different branches of social security
- The regulatory framework and recent regulations of Saudi Arabian employee benefits

Summary
The Kingdom of Saudi Arabia has an extensive social security system which aims to provide every citizen with a decent standard of living in line with Islamic principles. Its small population and high gross domestic product (GDP) allow the Kingdom to provide employed and self-employed residents with help, such as medical care, childcare, pensions and unemployment benefit, as well as, in some cases, housing and disability benefits. Saudi Arabia had previously experimented with its social security system by bringing in foreign workers, as the country’s working population mainly consists of expatriates; due to their transient nature, however, the plan was later shelved. The Ministry of Labor provides general supervision, while the General Organization for Social Insurance (GOSI) administers various social welfare programs through district offices.

Scope
This report provides a detailed analysis of employee benefits in Saud
Table of Contents
1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
3 Country Statistics
4 Overview of Employee Benefits in Saudi Arabia
5 Regulations
6 State and Compulsory Benefits
6.1 Retirement Benefits
6.1.1 Introduction
6.1.2 Types of retirement plans
6.1.3 Eligibility
6.1.4 Age
6.1.5 Benefits
6.1.6 Payment options
6.1.7 Typical employer practice
6.1.8 Employee and employer contributions
6.2 Death in Service
6.2.1 Introduction
6.2.2 Eligibility
6.2.3 Benefits
6.2.4 Payment options
6.2.5 Employee and employer contributions
6.3 Long-term Disability Benefits
6.3.1 Introduction
6.3.2 Eligibility
6.3.3 Benefits
6.3.4 Payment options
6.3.5 Employee and employer contributions
6.4 Workmen’s Compensation
6.4.1 Introduction
6.4.2 Eligibility
6.4.3 Benefits
6.4.4 Payment options
6.4.5 Employee and employer contributions
6.5 End of Service Benefits (ESB)
6.5.1 Introduction
6.5.2 Eligibility
6.5.3 Benefits
6.5.4 Payment options
6.5.5 Employee and employer contributions
6.6 Medical Benefits
6.6.1 Introduction
6.6.2 Eligibility
6.6.3 Benefits
6.6.4 Typical employer practice
6.6.5 Employee and employer contributions
6.7 Unemployment Benefits
6.7.1 Introduction
6.7.2 Eligibility
6.7.3 Benefits
6.7.4 Payment options
6.7.5 Employee and employer contributions
6.8 Maternity and Paternity Benefits
6.9 Housing Construction
7 Private Benefits
7.1 Retirement Benefits
7.2 Medical Benefits
7.3 Other Benefits
8 Macroeconomic Indicators
8.1 Economic Performance
8.1.1 GDP at constant prices (US$)
8.1.2 GDP per capita at constant prices (US$)
8.1.3 GDP at current prices (US$)
8.1.4 GDP per capita at current prices (US$)
8.1.5 GDP by key sector
8.1.6 Inflation rate
8.1.7 Annual average exchange rate US$–SAR
8.1.8 Unemployment rate
8.1.9 Gross national disposable income
8.2 Demographics
8.2.1 Total population
8.2.2 Labor force
8.2.3 Urban and rural populations
9 Appendix
9.1 Methodology
9.2 Contact Timetric
9.3 About Timetric
9.4 Timetric’s Services
9.5 Disclaimer

List of Tables
Table 1: Definitions
Table 2: Saudi Arabia – Country Statistics
Table 3: Saudi Arabia – Retirement Age for Military Officers (Except Pilots)
Table 4: Saudi Arabia – Retirement Age for Pilots
Table 5: Saudi Arabia – Retirement Age for Non-Commissioned Officers
Table 6: Saudi Arabia Retirement Benefits – Social Insurance System Contribution Rates
Table 7: Saudi Arabia Retirement Benefits – Civil Pension Scheme Contribution Rates
Table 8: Saudi Arabia Retirement Benefits – Military Pension Scheme Contribution Rates
Table 9: Saudi Arabia Survivor Pension – Social Insurance System
Table 10: Saudi Arabia Survivor Pension – Civil Pension Scheme
Table 11: Saudi Arabia Workmen’s Compensation – Social Insurance System Payment Options
Table 12: Saudi Arabia Workmen’s Compensation – Social Insurance System Contribution Rates
Table 13: Saudi Arabia Workmen’s Compensation – Civil Pension Scheme Contribution Rates
Table 14: Saudi Arabia Workmen’s Compensation – Military Pension Scheme Contribution Rates
Table 15: Saudi Arabia ESB – Resigned Employees
Table 16: Saudi Arabia ESB – Dismissed Employees
Table 17: Saudi Arabia – Relationship Between Service Duration, Maternity and Annual Leave

List of Figures
Figure 1: Important Organizations of the Saudi Arabian Social Security System
Figure 2: Saudi Arabian GDP at Constant Prices (US$ Billion), 2008–2012
Figure 3: Saudi Arabian GDP Per Capita at Constant Prices (US$), 2008–2012
Figure 4: Saudi Arabian GDP at Current Prices (US$ Billion), 2008–2012
Figure 5: Saudi Arabian GDP Per Capita at Current Prices (US$), 2008–2012
Figure 6: Saudi Arabian GDP by Key Sector (%), 2008–2011
Figure 7: Saudi Arabian Inflation Rate (%), 2007–2013
Figure 8: Saudi Arabian Annual Average Exchange Rate US$–SAR, 2008–2012
Figure 9: Saudi Arabian Unemployment Rate (%), 2008–2012
Figure 10: Saudi Arabian Gross National Disposable Income (US$ Billion), 2008–2012
Figure 11: Saudi Arabian Total Population (Million), 2008–2012
Figure 12: Saudi Arabian Size of Labor Force (Million), 2008–2012
Figure 13: Saudi Arabian Urban and Rural Populations (%), 2008–2012
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