GOSI clarifies pension increase rates for dependents

The General Organization for Social Insurance (GOSI) has specified the pension increase rates for dependents.

GOSI explained that if there are dependents, an additional 10% of the pension is granted for one dependent, 15% for two dependents, and 20% for three or more dependents. It noted that the dependent allowance is calculated based on service periods registered before 01/01/1422H.

GOSI stated that the retirement benefit can be estimated by visiting url.gosi.gov.sa/RW0NLUrE. This service allows users to view an approximate value of their retirement benefit after retirement based on the information entered.

It added that the list of dependents appears during the application process once eligibility conditions are met, and reiterated that the dependent allowance is calculated only from service periods registered before 1422H.

The GOSI retirement calculator enables users to check if they are covered by amendments to the civil retirement or social insurance systems, and to review their records and contribution periods, including:

- If you are covered by the new social insurance system, you can find out the statutory retirement age and the period required for early retirement.

- It allows you to determine if you are included in the recent amendments to the civil retirement or current social insurance systems.

- The calculator provides important information such as: expected retirement pension, statutory retirement age, period required for early retirement, contribution periods, and registered wages, answering all related queries.

- It clarifies all the information members need to plan for retirement.

The retirement calculator tool can be accessed by visiting the GOSI website or through the "Taminati" app by logging into your account, selecting "Benefits," and then "Retirement Calculator."