MUSCAT: National Real Estate Development and Investment SAOC (OSOS) and Chainsense Ltd have signed the MoU to come together to help not only the local.
By: Times News Service
Representative image
Muscat: The Public Authority of Social Insurance (PASI) has allowed companies to postpone the payment of insurance contributions to their employees as part of facilities provided to employers and the insured employees to support recovery efforts and enhance institutional performance.
A statement issued online by the Public Authority for Social Insurance said: The authority will be postponing the payment of the monthly contributions due for the period from January to December 2021 (which is optional for institutions). Exemption of employers from additional amounts incurred as a result of their delay in paying contributions due during the period from January 2021 until the end of December 2021 has also been provided.”
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By: ONA
Muscat: His Majesty Sultan Haitham Bin Tarik on Wednesday issued a Royal Decree, No. 33/2021, on systems of retirement and social security.
Article (1) establishes a fund to be named “Social Security Fund”, to have a legal identity, enjoy financial and administrative independence and report to the Council of Ministers. Its system (bylaw) shall be issued under a Royal Decree.
Article (2) establishes a fund to be named “Military And Security Services Retirement Fund”, to have a legal identity, enjoy financial and administrative independence and report to the Council of Ministers. Its system (bylaw) shall be issued under Royal Decree.
Article (3) states that a committee to be formed under a decision by the Council of Ministers shall undertake the supervision of drafting necessary regulations and finalising all procedures related to transferring to the two funds stated in Articles (1) and (2) of this decree all the missions, specialisations/prerogatives, origins, rig