Home / News / 931 new employers registered with the “Pension Authority” during October, with an additional 2,697 subscribers and 1,652 retirees.

931 new employers registered with the “Pension Authority” during October, with an additional 2,697 subscribers and 1,652 retirees.

The General Pension and Social Security Authority revealed an increase in the number of registered employers by 931 new employers in October of this year; The number of employers reached 8,080, compared to 7,149 in October of last year 2021.

She explained that the number of subscribers to the authority increased by 2,697 new subscribers, compared to the number of subscribers to the authority until October of last year; At that time, the number of subscribers was 86,799, and until the same period of this year, it rose to 89,496.

She indicated that the number of retirees affiliated with the authority increased by 1,652 new retirees, since October of last year until the same month of this year, when the number of retirees was 17,236, and rose to 18,888 retirees, and the number of beneficiaries increased during the period. The same amount of 408 beneficiaries, where it was 8 thousand and 81 beneficiaries, and rose to 8 thousand and 489 beneficiaries.

The authority confirmed that the registration and subscription of the insured person, who are citizens working in any of the public and private sectors, represents the first step towards fulfilling the period required to obtain insurance benefits, especially the retirement pension, which is the ultimate goal of insurance participation, which is one of the social protection tools that It contributes to providing stability to citizens and their families, upon termination of service from work for any of the reasons that grant the right to a pension.

She pointed out that every citizen who works for an employer must verify whether that entity has registered him with the authority, and must initiate contacting the authority if it becomes clear to him that he is not registered; Protection of his rights and the rights of his family.

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