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FinancialNews


  • 17-04-23

    Taqdeer Program in Saudi Arabia Offers Specialized Services to Retirees

    (MENAFN) Saudi pensioners registered with the General Organization for Social Insurance's Taqdeer program will now have access to digital financing services, discounts, and personal loans. In an agreement signed on Saturday, GOSI, Riyadh-based Masdar Data Solutions, and the Arab National Bank will serve retired personnel in the public and private sectors.

    Introduced in 2020, Taqdeer was created to meet the aspirations of members of the Public Pension Agency of Saudi Arabia, including retirees and their beneficiaries. The program provides specialized services through strategic partnerships with the private sector and is now part of GOSI. One of its primary goals is to provide benefits to retirees and beneficiaries of the GOSI in cooperation with partners from the private and public sectors across the Kingdom.

    Taqdeer offers its members exclusive benefits and discounts, funding avenues, skills and training programs, and opportunities to impart social responsibilities and share their professional experience. All retired Saudi men and women in the public and private sectors and their dependents are eligible to access the program's benefits.

    One of the services offered by Taqdeer provides retirees with new work opportunities in line with their professional experience through the years. Another service provides special discounts on hotels, education, entertainment, medicine, and transportation throughout all regions of the Kingdom. Pensioners can also apply for loans through various financing schemes within the program to fulfill passion projects.

    Moreover, the program organizes many activities and events for members in all regions of the Kingdom. This initiative aims to provide retirees with a sense of belonging and connect them with their communities while promoting social interaction and physical activity.

    The partnership between GOSI, Masdar Data Solutions, and the Arab National Bank highlights the importance of collaboration between the public and private sectors in Saudi Arabia. The Taqdeer program is an example of how such partnerships can benefit retirees and their beneficiaries, providing them with specialized services and promoting their well-being in their retirement years.

    MENAFN17042023000045014228ID1106023653

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