Feb 19, 2024 1 min read

Oman announces new social security law

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Effective from 01 January 2024, the Omani government through royal decree No. 52/2023 issued the new social security law which replaces existing social security law.

Following table provides the new rates along with monthly ceiling amounts for the different insurance schemes:

Insurance schemeEmployee shareEmployer shareTotalMaximum salary (OMR)
Insurance for Old Age, Disability, and Death7.5%11%18.5%3,000
Insurance for Work Injuries and Occupational Disease0%1%1%3,000
Insurance for Employment Security0.5%0.5%1%-
Insurance for Maternity Leaves (effective July 2024)0%1%1%-
Insurance for Sick and Other Leaves (effective July 2025)0%1%1%-

The monthly contributions are calculated for the number of days worked in a month i.e., on the salary earned during the month.

Please contact your Mercans’ services delivery team for any additional information regarding the implications of the above change.

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Oman Announces New Social Security Law

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