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OMN-2013-R-95901
Breadcrumb
Title_of_text
Sultani Decree No. 61 of 2013 amending some provisions of the Social Security Law.
Main Region
First Region
Country(ies)
Oman
Subjects (Classification)
Social security (general standards)
Adopted on (Date of text)
2013-10-31
Scope of text
National
Type of legislation (Type of text)
Regulation, Decree, Ordinance
Second Region
Abstract/Citation
The amendments include:
- Increasing the accrual factor to calculate pension from 2.5 % to 3 % for each year of service.
- Raising the minimum pension from RO 150 to RO 202.5 per month. The maximum eligible pension from PASI will remain 80 % of the new salary (basic plus allowances).
- Increasing the minimum pension in cases of non-occupational disability or death from 40 % of the basic salary to 50 % of the basic salary plus allowances, whichever is greater.
- Increasing the amount of daily allowances in the case of work injuries from 75 % of the daily wage to 100 % of the daily wage for the first six months then 75 % for the next six months after which the case will be evaluated by the medical committee which will decide whether the worker can remain in his/her job and receive disability pension or continue receiving the daily allowances for a period it determines.
Moreover, the Sultani Decree increases all pensions - except pensions due to partial disability - by 5% provided that the said minimum is not less than RO 202.5 per month.
To finance these increase in benefits, the contribution rate has been increased by 3 % distributed as follows:
- 7% monthly contribution of the basic salary to be paid by the employee.
- 10.5% monthly contribution of the basic salary to be paid by the employer.
- The government will pay 5.5 % of the basic salary.
- The government contribution to the social insurance scheme will be reviewed after five years from the date this Sultani Decree comes into force.
Amends Sultani Decree No. 72 of 1991 concerning the Social Security Law.
Entry dates region
Date of entry into force
2014-07-01
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Basic Text region
Basic text(s)
2013-09-25 (OMN-2013-R-95801)
Sultani Decree No. 44 of 2013 promulgating the Social Insurance System for self-employed Omanis.
Electronic region
Electronic source title
Legislation online in Arabic
Author
Oman Legal Network
Country
Oman
URL
http://www.omanlegal.org/
File
95901.pdf (PDF in Arabic)
Serial region
Serial title
Al-Jarida Al-Rasmiya
Date
2013-10-31
Number
No. 1032