Actuarial valuations of 11 pension funds with reform and merger options as at 31 Dec 2020.
Results achieved
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The Sultan of Oman issued on 19 July 2023 Royal Decree No. 52/2023 promulgating the Social Protection Law, which radically reshapes the social protection system and introduces new universal benefits for a range of lifecycle risks, including for all chil...
2023 OMN154
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The government of Oman in July 2023 established a unified social protection agency Social Protection Fund to increase efficiency and coherence in the administration of all contributory and non-contributory social protection benefits. The Social Protecti...
2023 OMN154
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In 2023, the government of Oman adopted regulations for the establishment of a new national provident fund responsible for administering end-of-service benefits to migrant workers payable upon retirement, disability, death, or returning to their home co...
2023 OMN154