Discounts on purchases and remittance fees for retirees and beneficiaries


The Public Retirement Corporation and the Saudi Digital Payments Company, stc pay, signed a memorandum of understanding at the headquarters of the Foundation to provide special benefits and discounts for retirees and beneficiaries by paying through the stc pay wallet. The memorandum was signed by Saud bin Sulaiman Al-Juhani, Assistant Governor for Insurance Affairs, on the side of the Saudi Digital Payments Company, CEO Ahmed bin Muhammad Al-Enezi, on the side. The memorandum stipulated that stc pay would provide a number of exclusive benefits and discounts to the institution’s retirees and beneficiaries, including special discounts by stc pay’s partners, merchants and companies, and discounts on international transfer fees, in addition to discounts and offers for other stc pay wallet services through its own application.

The agreement noted that the retired person and the beneficiary are required to benefit from all the services provided to him by stc pay to use the application, which is installed for free through the (App Store) and (Play Store) on smartphones and tablets.

The Governor of the Public Pension Agency stated that this agreement comes within the efforts made by the Foundation in coordination with all public and private sectors in the Kingdom, to provide more benefits and special services to retirees and beneficiaries within the framework of carrying out the institution’s social responsibility and providing distinguished and innovative service.

The CEO of the Saudi Digital Payments Company, stc pay, expressed the company’s pride in this agreement, which aims to raise the level of joint and fruitful cooperation between the two parties, noting that according to this memorandum, retirees and beneficiaries of the corporation can benefit from discounts and offers, as the discount is applied automatically as a result of the electronic link between the two parties. .

It is noteworthy that the Public Pension Agency, as part of its endeavor to provide the best services and benefits to its retired and beneficiaries, has cooperated with more than (400) private sector companies and institutions, and made it possible for clients to review them by visiting the organization’s electronic portal www.pension.gov.sa.

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