The National Policy for the Elimination of Forced Labor in the Kingdom of Saudi Arabia

Release Date:	1446-07-21
Issuance Instrument Number:	524
Validity:	Valid
Summary:	By AI The text addresses the decisions of the Council of Ministers regarding the "Golden handshake" program to incentivize voluntary retirement, allowing non-budget-funded entities to establish incentive programs in coordination with the General Organization for Social Insurance, while budget-funded entities must adhere to the regulations of the Ministries of Finance and Human Resources and Social Development. The cost ceiling for the program has been set at 12.754 million riyals for the fiscal years ...

Release Date:

1446-07-21

Issuance Instrument Number:

524

Validity:

Valid

Summary:

By AI

The text addresses the decisions of the Council of Ministers regarding the "Golden handshake" program to incentivize voluntary retirement, allowing non-budget-funded entities to establish incentive programs in coordination with the General Organization for Social Insurance, while budget-funded entities must adhere to the regulations of the Ministries of Finance and Human Resources and Social Development. The cost ceiling for the program has been set at 12.754 million riyals for the fiscal years ...