The Board of Directors of General Organization of Social Insurance (GOSI) held a meeting here today under the chairmanship of the Organization"s Governor and the Board"s Deputy Chairman Suleiman bin Saad Al-Hamid in which it approved the estimated budget of the Organization amounting to more SR 9 billion for fiscal year 1431-1432H. The expenditures on insurance in the budget in the next fiscal year increased 17% in comparison with this fiscal year due to increasing number of retirees in the age of sixty and early retirement.
