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Oman News

Over OMR 500 million allocated for cash benefits under Oman’s SPF

The Sultanate of Oman’s Social Protection Fund (SPF) has allocated more than half a billion rials from the state's public treasury to disburse cash benefits for the elderly, children, people with disabilities, widows and orphans and to support family income

TAS News Service

info@thearabianstories.com

Thursday, August 17, 2023

Muscat – In response to public enquiries on social media platforms, the SPF issued a notice online to answer the following frequently asked question: ‘Will the monetary benefits of social protection be financed through the contributions of workers and employees?’

Explaining the procedure, SPF stated, “No, the cash benefits of social protection are fully funded by the state’s public treasury, and the contributions of the insured in social insurance programs cannot be used to pay the cash benefits.”



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