Human Resources answers: Is there an increase in the minimum value of the Social Security pension on the occasion of the month of Ramadan?

Recently, a lot of news has spread related to increasing the minimum value of the Social Security pension in the holy month of Ramadan specifically. As we know, this program aims to provide a decent life for all citizens and enhance their standard of living and health, and it is a fixed monthly salary, but with regard to questions about increasing support this month No news has been released yet whether the minimum has actually been raised or is it just a rumor.

The fact that the minimum value of the security pension will increase in 2024

No official decision has been taken at the present time to raise the value limit of the minimum social security pension in the Kingdom of Saudi Arabia. This has been happening since last November 2023. A 20% increase was officially announced in conjunction with the continuation of disbursing additional support to beneficiaries of the citizen’s account until the end of the current year 2024. Thus, we find that the advanced social security support for the breadwinner is (1,320 Saudi riyals) instead of 1,100 riyals, and the dependent gets (660 Saudi riyals) instead of 550 riyals. However, in the current month of March (Ramadan), there is no other increase yet.

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New developed social security conditions

In order for an individual to become eligible for advanced social security support, he must fully adhere to several conditions and controls set by the Ministry of Human Resources and Social Development, as follows:

• The applicant must be a Saudi national and permanently reside in the country.

• If the individual is a person with a disability in Saudi Arabia and has a transportation card, he is exempt from the citizenship requirement.

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• Widowed or divorced non-Saudi women married to Saudi men.

• The person applying for the guarantee must not live in shelters in Saudi Arabia.

• The beneficiary must not have been previously imprisoned.

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• The applicant must have independent housing and prove this by submitting a rental contract on the electronic platform.

• The applicant does not own assets with high financial values.

• One of the most important conditions is that the family’s income must not reach the limit that prevents them from becoming eligible for social security.

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• The condition that the beneficiary has an active bank account to receive the due payment on a monthly basis.

• Full commitment to the training and qualification programs outlined by the Ministry of Human Resources.

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How much is one person’s salary in the new Social Security?

It is worth noting that the monthly amount allocated to family members is divided into: 1,100 Saudi riyals for the breadwinner, and 550 Saudi riyals for each other family member.

What is social security in Saudi Arabia?

Social Security is a program that supports needy groups more than the poor and those in need of zakat, such as: cash support, rehabilitation, training, and suitable job opportunities, with the aim of improving their social, health and economic life.

When are Social Security pensions paid?

The Ministry of Human Resources and Social Development has set the fixed date for disbursing the advanced social security pension to beneficiaries on a monthly basis. We find that the pension is disbursed continuously at the beginning of the Gregorian months, except in specific cases announced by the Ministry.

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