The Board of Directors of the General Organization of Social Insurance (GOSI) met here on Tuesday under the chairmanship of the Organization's Governor and the Board's Deputy Chairman Suleiman Bin Saad Al-Hamid. During the meeting the board approved a budget of more than SR 9 billion for the fiscal year 1431-1432H. The expenditures in the budget for the next fiscal year increased 17 percent in comparison with this fiscal year due to the increasing number of retirees reaching the age of sixty and those taking early retirement.