The Saudi General Organization for Social Insurance (GOSI) has announced that it will continue to extend support for an additional three months to Saudis working in the private sector.
The initiative, which was initially due to expire in October, will now continue until January 2021, covering a maximum of 50% of Saudis working in sectors still affected by the pandemic such as travel, sports and entertainment. The scheme originally covered 70% of Saudi employees in firms with over five workers and applied to a wider range of private sector businesses.
GOSI said businesses eligible for support have until 15 October to decrease the percentage of support to 50% of total Saudis employed in each firm. If a business does not follow this condition, all requests by its workers will be annulled, and the business owner will have to pay the full salary of the workers, including their premiums for social insurance. In addition, a business owner has the right to exclude any supported employees and ask them to report back to work.
A committee which includes the ministries of finance, economy and planning, human resources and social development, and GOSI will regularly review and update the list of sectors affected by the pandemic.