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General Organization of Social Insurance (GOSI), Saudi Arabia

The General Organization for Social Insurance (GOSI) is a Saudi Arabian government agency responsible for administering the country's social insurance system. GOSI was established in 1962 and is headquartered in Riyadh, Saudi Arabia. The organization's mission is to provide social insurance coverage to all Saudi citizens and expatriate workers in the private sector. GOSI provides a range of benefits to its members, including:

* Retirement pensions
* Disability benefits
* Survivor benefits
* Unemployment benefits
* Maternity benefits

GOSI is funded through contributions from employers and employees. Employers are required to contribute 11% of an employee's salary to GOSI, while employees are required to contribute 5%. GOSI invests the contributions it receives in a variety of assets, including stocks, bonds, and real estate. The organization's investment portfolio is managed by the Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund.

GOSI is a key component of Saudi Arabia's social safety net. The organization provides financial security to millions of Saudi citizens and expatriate workers. GOSI is also a major contributor to the Saudi economy. The organization's investment portfolio is one of the largest in the Middle East, and its investments help to support the development of the Saudi economy.

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