publish time

25/06/2024

author name Arab Times

publish time

25/06/2024

The General Organization for Social Insurance

KUWAIT CITY, June 25: In a statement released today, Tuesday, the General Organization for Social Insurance (GOSI) announced plans to boost pensions for Kuwaiti retirees and shareholders starting in August. The increase, set at 20 dinars, will be allocated based on individual entitlement percentages.

According to GOSI, the augmented pensions will be distributed seamlessly by the institution without requiring beneficiaries to undergo additional review processes. This move aims to streamline the disbursement process, ensuring that retirees and shareholders receive their increased pensions directly and promptly.