The Saudi government has announced the disbursement schedule for pensions and allowances for beneficiaries, coinciding with the upcoming Eid al-Fitr holiday. This decision aims to ensure that citizens receive their payments in time to meet their needs during the festive period.
For March 2025, the disbursement of salaries for government employees and retirees will begin on March 25, 2025. This date corresponds with the 25th of Ramadan 1446 in the Islamic calendar. The government has made this adjustment to help citizens prepare for the Eid celebrations, which will see banks and institutions close for the holiday.
According to the Saudi Ministry of Finance, the pension payments for retirees, which would typically be scheduled for April 1, 2025, have been moved up to March 27, 2025, or the 27th of Ramadan 1446. This change ensures that retirees receive their funds before the holiday, allowing them to manage their expenses effectively.
In a statement, the Ministry emphasized the importance of timely disbursements, urging all institutions to adhere to the new schedule. The government is closely monitoring the situation to prevent any delays in salary payments, as they understand the financial pressures many citizens face during holiday seasons.
Additionally, the Ministry of Human Resources and Social Development has announced that the 88th installment of the Citizen Account program will also be deposited in beneficiaries' accounts on March 10, 2025. The funds will start appearing in accounts from 9:30 AM local time, coinciding with the opening of banks.
This installment aims to support low-income families and individuals, providing them with essential financial assistance during the holy month of Ramadan. The government has been proactive in ensuring that these payments are made on time, with the Ministry reiterating its commitment to the welfare of its citizens.
As the dates for disbursement approach, many beneficiaries are expressing their anticipation and gratitude for the government's efforts to accommodate their needs. The adjustments made to the payment schedules reflect a broader commitment to social welfare and economic stability.
In summary, the Saudi government's decision to expedite pension and allowance payments ahead of Eid al-Fitr demonstrates a keen awareness of the financial realities faced by its citizens. By ensuring timely disbursements, the government is helping families prepare for the holiday and manage their expenses effectively.