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Session ID: 2022-03-11:54c8618b1429229616728ead Player Element ID: video4108f453fe1043c89acdd6685456dd4c
Saudi Arabia’s ‘Strategy 2022’ Sets Out Pension Reforms
“Strategy 2022” pension reforms first announced by Saudi Arabia’s public pension agency (PPA) in 2018 feature:
A commitment to work with the private sector “to provide special offers and services for pensioners and beneficiaries as an add-on for the existing services in all regions of the kingdom”
Improvement of the pension scheme, including better administration processes in the PPA, more digitalization, stronger PPA governance and better coordination with other government agencies
Improved investment and risk management capability to achieve better financial performance