Saturday, 23 Jan 2021
The number of active establishments covered by the social insurance system reached 16,723 by the end of May according to the latest statistics issued by the Public Authority for Social Insurance (PASI).

Over 16,000 establishments covered by social insurance coverage

The quantity of active insured individuals registered in social insurance coverage in the private sector reached 230,193.

The majority of active insured are in the age group of 26-30 years. The typical wage for the total active insureds is RO686.

Severance of service, which contains termination of service, resignation, transfer to yet another employer and severance of service due to death or disability and severance of service for other factors till the finish of May had been 24,994.

The quantity of active insured persons in the typical method of extending insurance coverage protection to GCC citizens was 1,739. The quantity of active insured persons in the insurance coverage method for self-employed Omanis and their equivalents was 9,706 till the finish of April 2018.

The quantity of cumulative pension circumstances disbursed till the finish of May was 16,222.

The disbursements for old-age pensions accounted for 42.7 per cent of the total pension till the finish of May, followed by the non-vocational death price of 31.five per cent, followed by circumstances of disability pension resulting from a non-occupational trigger, accounting for 19.two per cent.

Disbursements for occupational disability pensions and expert death pensions constituted two.7 per cent and three.eight per cent respectively of total pension disbursements till the finish of May 2018.

The quantity of circumstances exactly where insurance coverage rewards have been paid due to perform injuries was 191 till the finish of May.

Traffic accidents formed 34.six per cent of the circumstances.

Information Source: Muscat Daily

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