Friday, March 29, 2024 | Ramadan 18, 1445 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

16,726 establishments covered by Social Insurance System

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MUSCAT: The number of active establishments covered by the social insurance system reached 16,726 and the number of active insured persons in the private sector reached 224,966 at the end of February, statistics from the Public Authority for Social Insurance (PASI) showed.


The majority of active insureds were concentrated in the category 26-30 years, which constitutes 23.8 per cent of the total active insureds. The average wage for the total active insureds was RO 688.


Severance of service, which includes termination of service, resignation, transfer to another employer and severance of service due to death or disability and severance of service for other reasons during the year 2018 until the end of February were 9,237 cases.


The number of active insured persons in the common system of extending insurance protection to GCC citizens were 849 cases. The number of active insureds in the insurance system for Omanis working abroad and their equivalents were 34 cases until the end of February.


The number of active insured persons in the insurance system for self-employed Omanis and their equivalents were 9,653 cases.


The number of cumulative pension cases disbursed until the end of last February were 15,789 cases. The disbursements for old-age pensions accounted for 42.6 per cent of the total pension caseload until the end of February, followed by the non-vocational death rate of 31.6 per cent, followed by cases of disability pension resulting from a non-occupational cause, accounting for 19.2 per cent. Disbursements for occupational disability pensions and professional death pensions constituted 2.8 per cent and 3.8 per cent respectively of total pension disbursements until the end of last February.


The number of cases where insurance benefits have been paid due to work injuries were 93 cases. Traffic accidents formed 35.5 per cent of the cases. — ONA


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