PASI Keeps Pace with Social and Economic Changes

Muscat, The Pubic Authority for Social Insurance (PASI) is one of the state institutions that provide many insurance services for private sector employees, self-employed, workers abroad and their families by covering the ageing, disability, death, vocational injuries and diseases risks. PASI provides packages of insurance benefits as per the requirements stipulated by the laws and regulations.

As of the end of September 2018, most of the active insured are focused in the age category between 26 to 30 years or 22.6% of the total number of active insured. The average salary for subscription for the total number of active insured is RO690.

The number of active insured persons in the common system of extending insurance protection to GCC citizens were 1,756 cases. The number of active insured in the insurance system for Omanis working abroad and their equivalents were 48 cases until the end of September 2018.

The number of active insured persons in the insurance system for self-employed Omanis and their equivalents stood at 9,697 until the end of September 2018. The number of cumulative pension cases disbursed until the end of last September were 16,707 cases.

The disbursements for old-age pensions accounted for 42.9 percent of the total pension until the end of September 2018, followed by the non-vocational death rate of 31.3 percent, followed by cases of disability pension resulting from a non-occupational cause, accounting for 19.4 percent.

Disbursements for occupational disability pensions and professional death pensions constituted 2.7 percent and 3.7 percent respectively of total pension disbursements until the end of September 2018. The number of cases where insurance benefits have been paid due to work injuries were 344 cases till the end of last September. Traffic accidents formed 34.3 percent of the cases.

Source: Oman News Agency

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