Friday, 31 Mar 2023
16,676 active firms covered by social insurance system

16,676 active firms covered by social insurance coverage program

This was reflected in boost in the quantity of active insureds functioning in the private sector to 236,277 with a total of 7,135 registered circumstances.

The typical wage for the total active insureds was RO704.

Within the framework of indicators of solutions (private sector workers), the severance of service circumstances, such as resignation, transfer to an additional employer and termination of service due to death or disability and termination of service for other factors reached five,719.

The quantity of active insureds in the GCC insurance coverage protection extension program stood at 1750. The quantity of active insureds in the insurance coverage program for Omanis functioning abroad and their equivalent stood at 54. The quantity of active insureds in the self-employed insurance coverage scheme and their equivalent was 10,006.

As for the indicators of beneficiaries, the quantity of cumulative pension circumstances issued to entitlements in all insurance coverage systems reached 268. The circumstances of old-age pensions amounted to 67.9 per cent of the total quantity, followed by death circumstances at 17.two per cent, followed by the circumstances of disability due to non-expert factors, which constituted 13.1 per cent.

The percentage of pensions (workplace accidents) out of the total was 1.1 per cent and the total and partial expert disability constituted .7 per cent of the total quantity paid. The quantity of circumstances of insurance coverage advantages due to perform injuries amounted to 27 and road incidents accounted for 33.three per cent.

Information Source: Muscat Daily

Check Also

Around 3,800 school students to benefit from first 3D mobile lab – Oman

The principal objective of this project is to teach and inspire school students from across …