The General Organization for Social Insurance (GOSI) is an agency of the state concerned with social insurance in Saudi Arabia. GOSI is supervised by a board of eleven directors from government departments, employers and insured persons.
GOSI implements social insurance rules, collects contributions from employers and pays benefits to entitled insured persons and their family members.
Saudi Example: calculations for the GOSI are based on earning of an employee (Basic Salary + Housing Allowance) of a particular Organization. Calculations are divided into 3 categories:
- GOSI for Saudi National
- GOSI for GCC (Corporation Council for Arab States) Nationals
- GOSI for Non Saudi Nationals