What the result means
SANED is the unemployment-insurance branch of the Social Insurance Organization (GOSI), paid monthly on the 1st of each Gregorian month (the same date as the retirement pension), subject to a minimum contribution period (12 accumulated months), the job loss being for reasons beyond the beneficiary's control (not voluntary resignation), and registration within 90 days of leaving the job. Compensation is paid at 60% of the registered average wage for the first 3 months, then 50% after, for a maximum of 12 consecutive months, with entitlement beginning from the 1st of the month following the date the eligibility conditions and registration were met.
Recommendation
Register your application within 90 days of leaving your job to avoid losing eligibility, and make sure the IBAN registered in your account is correct before the payment date. Remember the compensation is limited to just one year, so use this period to actively search for new work or build an alternative income source.
