Symptom
This KBA note will serve as a master note for the legal change - “New social insurance system”:
The General Organization for Social Insurance (GOSI) has recently introduced significant changes to the Saudi social insurance system, effective from the 3rd of July 2024.
These changes, published on the 2nd of July 2024, encompass a new social insurance system and amendments to the current Civil Pension and Social Insurance systems. These changes aim to unify the pension systems for public and private sector employees and gradually increase the retirement age and contribution rates.
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Environment
- Human Capital Management (HCM)
- SAP ERP Payroll India
- SAP R/3
- SAP ERP Core Component
- SAP ERP
- SAP enhancement package for SAP ERP
- SAP enhancement package for SAP ERP, version for SAP HANA
Product
Keywords
GOSI, Social Insurance, SI, V_T7SA22, V_T7SA13, V_T7SA06, Infotype: 3252 , KBA , PY-SA , Kingdom of Saudi Arabia , PY-SA-PS , Public Sector , PA-PA-SA , Kingdom of Saudi Arabia , Product Enhancement
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