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Accounts of Retirement and Social Insurance Funds Office

Pension and Social Security Accounts Office

Pension and Social Security Accounts Office is subordinated to the head of the Authority and specializes as mentioned in the Prince's Resolution No. (38) for 2014 to organize the General Authority for Retirement and Social Insurance by:  


1- Implementation of laws, regulations, regulations, financial and administrative decisions related to funds.
Preparing the draft annual estimated budget of the funds, in coordination with the relevant administrative units, and supervising their implementation.
3- Review, approve and record exchange, arrest and settlement documents, and other financial transactions of funds.
4- Holding the financial and accounting records and documents of the fund's operations.
5- Follow-up the implementation of the work of credits, and audit insurance revenues, investment and insurance expenses, in coordination with the administrative units concerned.
6- Follow-up the movement of bank accounts for funds and make the necessary matching.
7- Follow-up of accounts receivable and credited, and preparation of related settlements.
8- Preparing the monthly and annual audit balance and making the necessary conformity and revision with the competent authorities.
9- Preparing periodic and annual financial reports for funds.

10-Preparing interim and final financial statements for funds.



 


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