The Third Chapter: Retirement, Disability and Survivor Insurance

Article (12): retirement, disability and survivor insurance shall be financed from the following resources:
A) Share obliged by the employer equal to (6%) of total basic salaries for insured parties from the employers and to be paid monthly to the fund.
B) Share obliged by the insured party equal to (6%) of basic salaries and to be paid monthly to the fund.
C) Resources in due, to the fund in regard to the previous service periods and to include:
1) Accrued resources for the fund from the Public Treasury for previous periods of services from public employees periods up to the issuance of this law.
2) Resources obliged by employers in public and mixed-sector related to previous period of service for their employees before the issuance of this law.
3) Monies paid by the insured parties for previous or equivalent periods of service of an insured party.
4) Monies received from investment of the fund’s resources.
Article (13): Periods of service at the Arab League, United Nations and International Organizations pertaining to it shall be included to the insured party employment and enrollment taking into consideration the following:
1) In case that the employer is paying the wage of the seconded employee, the employer shall be obliged to pay to the fund the employer share and the insured party share of contributions of retirement insurance monthly.
2) In case that the employer is not bearing the wage, the insured party shall pay his share and the employer share of contributions of retirement insurance for the period of his secondment and both shares shall be calculated on the basis of the basic wage at the date of secondment plus any increase has been added to the wage in every year of secondment years and payment shall be made on total payment when he return or to be paid with installments during one complete year period.
Article (14): The domestic employer that employs a seconded employee shall be responsible to pay the employer’s share of insurance contributions of seconded insured party in accordance with the provisions of article (9) of this law and also, the contributions of the insured party after being deducted from his basic wage and to pay the contributions to the original employer whom he was seconded from, monthly, and to be paid to the fund at the settled times for monthly salaries payments.
Article (15): An employer that pays the wage of the insured party through the period of compulsory military service shall continue to pay the employer’s contribution and to deduct the insured party of his basic wage and to pay this contribution to the fund at the specified time for monthly salary payments and the period of compulsory military service shall be calculated with the period of enrollment for the purpose of this insurance.
Article (16): A) A period spent by an employee on any leave with pay such as delegations or study tours shall be considered a period of enrollment and the employer shall be responsible to pay the contributions specified in accordance with the articles (9 ,10) of this law.
B) An employee who takes any leave without pay shall pay both the employee’s and employer’s contributions retirement insurance in one total payment if he wishes to have this period included in his period of enrollment with the provision of the second part of article (13) of this law and in case of payment is not made, the periods mentioned to them shall be included in the employee’s period of enrollment.
Article (17): It shall be possible with a Republican Decree and in accordance with a recommendation of the Minister and after the cabinet approval to amend percentages of contributions defined in this law or inclusion new articles in addition to what has been specified with this law.
Article (18): All employers shall provide the authority with periodic complete and detailed statements of information each three months regarding the amount of monies and contributions due, to be paid to the fund under the provisions of this law and what has been paid actually from what is really in act without any guestimate or random estimation which will lead to give non-real image, aims to decrease of amount of monies and defined contributions due, in addition to the review of records to verify and confirm with authority records, at the end of every year.