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 End of Services Benefits

 
  • Reaching the Age of Sixty for the Male Insured and Fifty Five for the Female Insured

  • Reaching the Age of Sixty for the Male Insured and Fifty Five for the Female Insured

    This Benefit shall be paid to the insured employee who has reached the normal retirement age (60 years for male and 55 years for female) but does not meet the entitlement requirements of service years that qualify for the pension.

    Entitlement Requirements
    • The Insured employee has reached the normal retirement age (60 year for male and 55 years for female.
    • The duration of contribution (Year of Service) is not less than one complete year.
    Method Of Calculation

    It is calculated on the basis of the last gross salary received by the employee at the end of his service as a month's salary for each year of the first three years and two months' salary from the fourth year and beyond.

    The Required Document
    • Filling out an application form for receiving the end of service  Benefit .
    • True copy of (passport / ID card).
    • True copy of the bank account number document.
  • End of service benefit in the case of r the person who does not meet the requirements for death pension

  • End of service benefit in the case of the person who does not meet the requirements for the disability pension caused by non-occupational reason

  • End of service benefit prior to the enforcement of the social insurance law for the enrolled with authorities which have systems allowing to exchange ccontributions or benefits with the Public Authority for Social Insurance

  • End of service benefit related to those who join government units which their systems are not allowing exchange of contributions or benefits with the Public Authority for Social Insurance

  • End of service benefit due to full-time engagement with family affairs

  • End of service benefit due to illness shortening the ability to perform work

  • End of service benefits due to loss of Omani nationality