MUSCAT – The programme, introduced for the first time, targets Omani and GCC retirees as well as recipients of the job security benefit, providing them with enhanced facilities and privileges in recognition of their years of service. The initiative aims to improve the overall support system by delivering tailored benefits in collaboration with various sectors and strategic partners.
Key benefits for job security beneficiaries are as follows:
Ministry of Social Development
• Provision of prosthetic device support
• Temporary monthly financial assistance, subject to conditions
• Distribution of food vouchers to eligible individuals
Oman Development Bank (ODB)
• Interest-free subsidised loans to help beneficiaries start private projects
• Consultations and follow-ups on project performance after six months of implementation
Central Bank of Oman
• Postponement of monthly loan instalments owed to banks and finance companies for up to 12 months, or until re-employment (whichever comes first), without additional interest or profits on the deferred amount, for those whose services were terminated due to job loss.
Ministry of Transport, Communications and Information Technology (in cooperation with the Telecommunications Regulatory Authority)
• Omantel prepaid users: Double data on select packages
• Omantel postpaid users: 50% discount on “Baqati” monthly packages for six months (renewable)
Oman Housing Bank
• Extension of the loan application window by six additional months for job security beneficiaries until rejoining the workforce
Financial Services Authority (FSA)
• Insurance-related offers from:
o Gulf Insurance Group
o Al Ahlia Insurance Company
o Oman Insurance Company
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In addition, retirees from GCC countries can benefit from a selection of special offers tailored by country, all of which can be accessed via the Social Protection Fund’s online portal.
The Fund encourages all eligible individuals to visit the “Advantages” section of its portal at http://spf.gov.om to explore detailed information about the available benefits and verify their eligibility.
