Why Saudi GOSI Deduction is 9% instead of 10% For Employees 60 Years Old ?

(Doc ID 2399690.1)

Last updated on MAY 16, 2018

Applies to:

Oracle HRMS (Saudi Arabia) - Version 12.2.5 and later
Information in this document applies to any platform.

Goal

Why GOSI is calculated as 9% instead of 10 % for employees with age equal or more than 60 years old ?
 

Solution

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