ssa.gov (01.06.2020) For members from certain occupational pension plans that are younger than age 65 (the normal retirement age) and who are not yet retired may request one-time withdrawals of up to B$12,000 (US$12,000) from their account balances. The deadline for requests is June 30, 2021, and pension plan administrators must process the withdrawals within 20 business days after approving a request. This measure is part of an economic relief package for persons affected by the COVID-19.

Social Insurance Institution (21.06.2020) In context of the improvement in life rates in Kuwait and the decrease in death rates due to the development of health care, the Kuwaiti National Assembly approved a draft law amending some provisions of the Social Insurance Law related to the replacement system, whereby the tables of the replacement value were modified so that the insured and the pensioners could obtain higher replacement values ​​than before.

Social Insurance Institution (19.04.2020) The General Organization for Social Insurance announced that it has implemented the decision to postpone some of the amounts due according to the Social Insurance Law for a period of six months from 1 April 2020. The amounts of the deferred contributions will be paid on 24 months starting from October 2020.