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More Than 187,000 Omanis Registered in Public Sector Pension Funds

More Than 187,000 Omanis Registered in Public Sector Pension Funds

Muscat, The National Centre for Statistics and Information (NCSI) data shows that the number of Omanis registered in pension/retirement funds of the public sector (Civil Service, Diwan of Royal Court and Central Bank of Oman) till May 2021 declined by 0.1% (compared to April 2021) to 187,897, of them 55.8% males and 44.2% females.

 

Preliminary statistics show that there are three subscription-based segments registered in different wage bands.

 

–        The first segment, a total of 52,542 Omanis registered in public sector funds, receives salaries ranging from RO 1,000 to less than RO 2,000.

 

–        The second segment (36,681 Omanis) receives RO 700 to less than RO 800.

 

–        The third segment (25,630) receives between RO 900 and less than RO 1000.

 

Age-wise, statistics show that Omanis registered in the above-mentioned public sector funds fall in 3 segments, as indicated below:

 

–        39,883 beneficiaries aged 30-34 years.

–        42,159 beneficiaries aged 40-44 years.

–        53,913 beneficiaries aged 35-39 years.

 

Source: Oman News Agency