The first Social Security Law was issued in the State of Kuwait in 1976 by the Emiri Decree of His Highness Sheikh Sabah Al-Salem Al-Sabah, Emir of the State of Kuwait at the time, by Law No. (61) of 1976. The Public Institution for Social Security was established to undertake the implementation of the system issued by it in accordance with Article 11 of the Kuwaiti constitution that states “the state guarantees aid to citizens in old age, sickness, or inability to work. It also provides them with social security services, social aid and health care.”
1976
Issuance of the first integrated Social Security Law, and establishment of the Public Institution for Social Security
1977
Application of insurance against old-age, disability, sickness and death for civilians employed in the public sector as well as the private and oil sectors
1981
Insurance extended to include non-employees of others who are self-employed and who are voluntarily in their status, until 1/3/1986, when insurance became mandatory and when the law on retirement pensions and remunerations for the military personnel began.
1988
Implementation of the insurance system for workers abroad began voluntarily.
1995
The Supplementary Insurance System had initiated.
2001
Introduction of a system that allows the increase of pensions periodically through the establishment of a fund, and also determines an increase in these pensions for marriage and childbearing after retirement
2006
Extension of Insurance Protection Law was implemented for citizens of the Gulf Cooperation Council (GCC) countries working in any member state of the Council other than their own (civilians)
2011
Extension of Insurance Protection Law was implemented for military personnel from the Gulf Cooperation Council (GCC) countries in any member state of the Council other than their own (military personnel)
2013
The Unemployment Insurance Law was introduced for workers in the private or oil sector.
2015
Implementation of the financial remuneration law for those subject to the Social Security Law, pensions law, and retirement remuneration for military personnel upon the end of the contribution
2017
Restructuring the Investment Sector, establishing the Governance and Compliance Department, and restructuring the Audit and Risk Committee and the Investment Committee of the Institution’s funds, and defining their terms of reference in light of the governance system
2019
Rebuilding the organizational structure in a way that keeps pace with the increasing growth in the number of beneficiaries of the Social Security System after completing the first comprehensive study of the Institution’s organizational structure since 1982
2021
Update of PIFSS’s corporate identity and the launch of its newly developed logo and website as part of the strategic development