The Social Security Corporation announced that the amended draft social security law, to be presented to the Social Security Board of Directors at the end of August, will create a social solidarity account for multiple purposes.

The Foundation added in a press statement today, Monday, that one of the most important goals of establishing a Takaful account is to finance higher education for the children of participants and retirees, and to finance the addition of periods for those who cannot afford it.

The Foundation indicated that the resources of this account will be mainly through a symbolic deduction from each participant and retiree, in addition to the donations received to this account and other resources that will be specified by law.