Citizens hail social protection reforms

Muscat: Many voters have hailed His Majesty Sultan Haitham bin Tarik and the federal government for enacting the Social Safety Legislation and establishing of the Social Safety Fund.

These ground-breaking reforms will result in the combination of 11 separate pension schemes into one single nationwide system. The brand new proposed pension system balances the completely different goals of enhancing intergenerational fairness, rising monetary sustainability, enhancing adequacy of advantages and lengthening protection, particularly among the many most weak employees.

The reform additionally offers for the extension of short-term contributory advantages in case of employment damage, maternity, paternity, unemployment and illness advantages. The reforms additionally present advantages for older individuals, individuals with disabilities and youngsters.

Mubarak bin Khamis al Hamdani mentioned that there isn’t a doubt that the brand new improvement mannequin of the Sultanate of Oman relies on social safety insurance policies.

He mentioned the hassle to ascertain an built-in framework for social safety will permit public coverage makers to attract up social insurance policies and supply support and advantages. It would assist most needy teams to get the help and enhance high quality of their life. Huda bint Salem al Khatriyah defined that the social safety system goals to supply assist and take care of the neediest teams, enhance the standard of life of people and meet their fundamental wants like healthcare, housing and schooling.

Dr Rajab al Owaisi mentioned entitlements beneath the social safety system displays His Majesty the Sultan’s keenness to supply a good life for the residents.

Dr Amal al Jahwariyah mentioned the social safety system is according to Oman Imaginative and prescient 2040 and is in line with authorities’s coverage on social safety, which goals to supply honest protection and satisfactory social safety for all segments of society. Salem bin Ali al Harthy mentioned that the social safety system is designed to guard people and societies from varied dangers and vulnerabilities equivalent to illness, incapacity and outdated age.

Madreen al Maktoumiyah mentioned that the social safety system will remove among the challenges that had been going through many initiatives. It helps residents in higher retirement planning. Wafa al Ghassaniyah indicated that the social safety system covers all segments of society, particularly the aged, youngsters, orphans, widows, lower-income households and aged retirees.