SOCIAL INSURANCE/NATIONAL DAY

Riyadh, Sept 19, SPA -- The number of the establishments which are
participating in the system of the social insurance in the Kingdom of
Saudi Arabia jumped by the end of 1428 to 163,764.

The establishments of the private sector constituted 99.3 percent of
the total number while the establishments of the governmental sector
constituted 0.7 percent.

The Saudi establishments participating in the social insurance system
amounted to 161844 (98.83 percent) while the number of the non-Saudi
establishments amounted to 1053 (064 percent).

According to the available statistics, the number of subscribers of
the system of the social insurance, since the implementation of the
system in 1-1-1393, up to the end of 1428 amounted to 11,427,557.
The subscribers included about 551,000 in the governmental sector
(about 4.8 percent of the total subscribers).

The number of subscribers from the private sector since the
implementation of the system up to the end of 1428 amounted to
10,876,540 (95.1 percent of the total number).

The statistics pointed out that the general organization for social
insurance (GOSI) spent on the pension's branch up to the end of 1428
more than sr 43 billion. More than about two million subscribers
benefited from that.
The number of those who benefited from the branch of vocational
hazards amounted to about 1.4 million. Up to the end of 1428 GOSI
spent about sr 4 billion on them.
GOSI Invests in most of the national companies and participates as a
founder member or shareholder in 57 companies.
The total money invested in these companies amounted to more than sr
33.7 billion up to the end of 1428.