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  • The pension is an entitlement insured by PPA and it is not a heritage.

  • The pension of the deceased pensioner is distributed equally between the beneficiaries.

  • To benefit from PPA services, sign up on the PPA portal.

  • The beneficiary does not has the right to transfer his/her pension to any other person

  • The pension of a female who was an employee in the government is guaranteed even if her husband is an employee or a pensioner.

  • Any change in the status of beneficiaries should be reported to PPA.

  • The pension is ceased if the pensioner appointed in a governmental position.

  • Now, you can print pension statement letter online.

  • **NEW** the auto reply service has been launched "toll free 8001248889".

  • Pensionable services is the actual completed years of service in governmental position.

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 MASAKIN Advantages

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In terms of title procedures and payment mechanism, MASAKIN program includes several advantages including:
    • Approved by the legitimate authority.
    • Fixed competitive profit margin during the financing period.
    • Taking advantage of the grace period where the payment of the first installment shall be (6) months after receiving the property.
    • Finance shall be until the age of (70) years.
    • Finance shall be up to SR 5 million.
    • Salary may be transferred to any local bank.
    • The payment period shall be up to 25 years.
    • Husband and wife may be joint.
    • Deduction of 50% of the monthly income.
    • Advance payment of 30% of the property value. 
    • The possibility to purchase residential units within the urban scope in all KSA cities and governorates.
    • Upon death, the client shall be released from the remaining installments and the property shall be vacated in favor of the heirs.
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