Oman: Pension reform a step towards universal social security

Issue 1174 - 26 Jul 2023 | 1 minute read

Oman has introduced a unified national pension scheme, merging the assets and liabilities of 11 existing pension systems into a single Social Protection Fund. The reform is based on a unified regulatory regime for contributions, payments and retirement ages. It will reflect both need and its members' history of payment contributions.

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