Alqanoni

Social Insurance Law

Art. 29
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

1. Contributions to the occupational hazards and additional compensations branch shall be 2 percent of the contributory wage or salary and shall be borne by the employer. This percentage may, pursuant to a decision by the Board of Directors, be increased for a specified period by not more than double the amount for employers who refuse to comply with the instructions issued regarding the safety and health of contributors. The Regulations shall specify the rules and procedures necessary for the application of this paragraph. 2. The percentage of contributions provided for in paragraph (1) of this Article may be amended pursuant to a Council of Ministers resolution issued upon a proposal by the Board of Directors based on an actuarial study. Social Insurance Law Chapter 1: Occupational Hazards Compensations

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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