Social Insurance Law

1. Contributions for each social insurance branch shall be computed on the basis of the basic wage or salary; the Regulations may add any other benefits and allowances received by the contributor to such basis, provided that the amount used as a basis for the computation of contributions is not less than the minimum wage or salary determined by the competent authority. The Regulations shall specify the criteria on the basis of which the contributions of voluntary contributors are computed as well as the computation method thereof. 2. The maximum contributory wage or salary shall be forty-five thousand riyals (SAR 45,000) per month. 3. The maximum contributory wage or salary provided for in paragraph (2) of this Article may be amended pursuant to a Council of Ministers resolution issued upon a proposal by the Board of Directors based on the revision of wage and salary levels and the results of actuarial studies. 4. An employer shall, within the time limit specified in the Regulations and according to the method determined by the Organization, submit to the Organization the data of contributory wages or salaries.