the nineteenth annual report 2012| · 2020. 11. 18. · 6 |the nineteenth annual report 2012...

1The Nineteenth Annual Report 2012|

2 |The Nineteenth Annual Report 2012


Sultanate of Oman

Public Authority for Social Insurance


Our internal policy is built upon constructive work in the interest of the people, geared

towards contemporary developments and by preserving our identity, principals and values.

Qaboos bin Said Sultan of Oman


HIS MAJESTY SULTAN QABOS BIN SAID


Contents Page No

Harvest 9

PASI’s Board of Directors 11

The Organizational Structure of the Public Authority for Social Insurance 12

Vision and Mission 13

Section 1 : Statistics of the Insurance Activity 15

Insurance Indicators 17

Employers 17

Insured Employees 18

Beneficiaries 25

Work Injuries 27

Financial Indicators 28

Revenues 28

Insurance Expenses 30

Section 2 : Investment Indicators 31

Section 3 :Management and Development 35

Strategic Planning 37

Human Resources 37

Media and Insurance Awareness 38

E-services 38

Section 4 :Initiatives and Achievements 39

International Relations 41

CSR 42

Mutual Agreements 43

Best Practices 43

The 6th Actuarial Study 45

Section 5 :Statistical Index 47


page NoTitleTable no

49The Number the (Active-New) Employers until the end of December during (2008-2012)1

49Distribution of the employers based on the active insured employees during December 20122

49Distribution of the active insured employees by gender during (2008-2012)3

50Distribution of insured new entrants by gender during (2008-2012)4

50Distribution of insured employees (Re-join) based on type during (2008-2012)5

51Distribution of insured employees based on the *Governorates and gender at the end of

December 20126

52Distribution of insured employees by age group and gender during December 20127

52Distribution of insured employees by basic salary group and gender during December 20128

53The average basic salary of the active insured employees by gender during (2008-2012)9

53The average of the active insured employees’ basic salary based on type by gender and age

group during December 201210

54Distribution of end of service cases by reason of end of services and gender during 201211

54Distribution of end of service cases (resignation and termination) by age group and gender during 2012

12

55Distribution of end of service cases(resignation and end of service) by the categories of the basic salary and gender during 2012

13

56Classification of end of service cases by the reason of the end of services and the month during 2012

14

56The active insured employees in the GCC extension coverage by gender during (2008-2012) 15

57The active insured employees in the GCC extension coverage by the country during December 201216

57The active insured employees registered in the insurance system of the Omanis working abroad

and alike by gender during (2008-2012)17

58The active insured employees registered in the insurance system of the Omanis working abroad

and alike by country and gerder during December 201218

59The type of payment for the beneficiaries of the insurance benefits during (2008-2012) 19

60Distribution of Work Injuries based on Age Group and Month during 201220

60Types of Revenues during (2008-2012) 21

61Types of Insurance Expenses during (2008-2012)22


HarvestThe Public Authority for Social Insurance presents its nineteenth annual report 2012 that reflects the accomplishments achieved during the year which coincides with the 20th anniversary of PASI since it started to apply the social insurance law in July 1992.

This year witnessed peculiar outcomes which proves the tireless efforts exerted by PASI during the last two decades to ensure that it is heading towards the near future armed and guided with strategic planning specifically designed as a road map to achieve its goals and ambitions. Besides, PASI continues to establish a communication platform with its audience including service users and system beneficiaries which is aimed to reach out by spreading awareness about the PASI scheme and reinforce the common relations between its sister establishment with other Arabian, regional and international establishments. This is evident through its participation in international events and forums in developing its work strategies.

Consequently, in the year 2012 PASI pursued a course to develop its resources starting with the infrastructure of the information technology. PASI continued to strive by adopting an approach based on improving the information technology to guarantee providing the best services for the system users. For example, PASI has designed an electronic archiving project to facilitate the administrative work. In addition, it has enhanced the infrastructure of the networks and applied Linux Systems aimed at providing a stable work environment at reduced the costs of maintenance, authorizations and regular support. PASI relies on these systems because they are considered as one of the most well-known programs for their solid and fast performance.

In regard to stressing the importance of the insurance awareness campaign, PASI continues to exert its efforts in coordination with media to deliver its message to the insured persons and businessmen. It organized insurance awareness programs about the social insurance law, thereby identifying the services provided and the importance of security and health in the workplace. These programs included awareness meetings and spreading awareness messages to enhance communication by participation in many local and international events.

Believing in the significance of enhancing the cooperation with the other Arabian, regional and international authorities and establishments, PASI participated in various international events, to name a few; it participated in the Second Regional Social Security Forum for Asia and the Pacific region which took place in the Korean capital Seoul. This Forum is considered a golden opportunity to the workers in the social insurance and retirement field because they can exchange experiences and discuss the best practices applied in Asia and the Pacific. Furthermore, it participated in the 101st Session of the International Labour Conference in Geneva. PASI got recognition for its participations in the competition of the best practices for the social insurance and retirement establishments, and it was awarded with four merit certificates of eligibility and efficiency including “modeling investment assets practice”, “the rapid and swift exchange of the insurance benefits practice”, “information technology infrastructure practice” and “an eligibility certificate in enabling common services provided to the businessmen and insured persons between t PASI and the Ministry of Manpower.”

This report exhibits also a brief overview on the important insurance and financial indicators during 2012 that specifically addressing the concerns of the insured persons and the beneficiaries in the system. We hope that this will allow all of the concerned parties to review and monitor the work flow of PASI and to know more about its various activities. In fact, adopting this approach shows the values of transparency and partnership that PASI pursues in providing all the necessary data and information to all the related parties, researchers and decision makers. We pray for God to guide us and grant us success under the wise royal support of His Majesty Sultan Qaboos bin Said.


PASI’s Board of DirectorsH.E Shaikh Abdullah bin Nsser Al Bakri

Minister of Manpower/Chairman of Board of Directors

Government Representatives:

H.E Hamad bin Khamis Al Amri

Undersecretary of the Ministry of Manpower for Labour Affairs/Deputy Chairman of Board of Directors

H.E Ahmed bin Rashid Al Mamari

Consultant of Ministry of Finance-Member of Board of Directors/Representative of Ministry of Finance

H.E Ahmed bin Suleiman Al Maymani Undersecretary of Ministry of Commerce and Industry for Administrative and Financial Affairs and Governorates Affairs/

Representative of Ministry of Commerce and Industry

Saif bin Mohammed Al NabhaniConsultant of Ministry of Health-Supervisor of General Directorate for health institutions/ Representative of Ministry

of Health

Sheikh/ Ahmed bin Hashil Al Maskari

Consultant of the Minister for Planning in the Ministry of Social Development/ Representative of Ministry of Social Development

Saleh bin Nasir Al Araimi

General Manager of PASI

Representatives of Businessmen and workers:

H.E Khalil bin Abdullah Al khanji

Representative of Businessmen

Sheikh/ Abdullah bin Suleiman Al Harthi


Maryam bint Khamis Al Hashar


Saud bin Ali bin Abdullah Al Jabri

Representative of the Insured Persons

Mohammed bin Talib bin Al Marthuf Al Saadi


Ishaq bin Juma bin Hmood Al Kharoosi



The Organizational Structure of the Public Authority for Social Insurance

Board of Directors

Risk Managem

entCom

mittee

Risk Managem

entDepartm

ent

Assistant of General m

anager for Insurance Affairs

Insurance ServiceDepartm

ent

Follow-up

SectionInsuranceBenefitsSection

Complains

Follow-up

SectionRegistration

Section

ContributionSection

InsuranceRecords Section

Insurance protectionextension Section

Work Injuries and O

ccupational diseases Section

Inspection on Work

Injuries and O

ccupational diseases Section

Benefits careaffairs Section

InsuranceInspection

Section

Work

Injuries& W

ork related

Illnesses Section

Insurance ServiceDevelopm

entSection

RegionalBranches

Registration &ContributionDepartm

ent

BenefitsDepartm

entInsuranceInspection

Department Investm

entCom

mittee

General Manager

PlanningDepartm

enteLegal

Departmente

Investment

Department

Quality

Assurance section

Procurements &

Public ServicesSection

TechnicalSupport &

Netw

ork Section

Programm

ing &Developm

entSection

Budget &AccountsSection

Planning &Hum

an ResourcesDevelopm

entSection

Payroll &leaves Section

Recruitment

Section

Employees

RelationsSection

Revenues &TreasureSection

Review &

ExpensesSection

TendersCom

mittee

Documentation

Managem

ent Section

Investment Perform

anceFollow

-up Section

AuditCom

mittee

Internal AuditDepartm

ent

Human Resources

Development Com

mittee

Security Offi

ce of theAuthority

Consultants and Experts

General Manager O

ffice

Assistant of GeneralM

anager for Administrative

and Financial Affairs

Media and

Public Relations Offi

ce

Chairman of

Board of Directors

Finance Departm

entInform

ationTechnologyDepartm

entAdm

inistrativeDepartm

entHum

an ResourcesDepartm

ent te

Planning &Developm

entSection

Foreign AssetsM

anagement

Section

Local AssetsM

anagement

Section

Settlem

ent &Follow

-up Section

Real estateInvestm

ent Section

Studies &Statistics Section

Quality Assurance

section


“To ensure social protection of the individual, the family and society under comprehensive and permanent insurance system based on principles of justice and social solidarity.”

“To provide social insurance services and promote partnerships between relevant parties in order to achieve the ease, flexibility, quality and suitability of services to the nature and needs of stakeholders. In addition, we aim to raise awareness of insurance in society through a high quality and efficiency established performance that keeps pace with social, economical and technological developments of society.”


First: the Insurance Indicators

Indicators of Employers:

The number of the active employers included in the social insurance system decreased from (11764) employer in 2011 to (11148) employer in 2012. This decrease included (616) employer with an average of (5%). Besides, the number of the new employers decreased in 2012 compared to 2011 with an average of (42%).

Figure No 1

Distribution of the Active and New Employers by the end of December during 2008-2012

Figure No 2

Growth Rate of the Active and New Employers by the end of December during (2008-2012)

Most of the active employers fall in the category of the Active Insured (one employee) with a percentage of (45.1%) from the Total Active Employers. The second category includes employers that employ from 2 to 5 employees with a percentage of (32.8%) and a percentage of (7.8%) for the employers that employ from 6 to 10 employees. The percentages of (5.3%) and (6.5%) represent the employers of the category of the Active Insured who employ from 11 to 20 and from 21 to 100 employee respectively. The employers of the Active Insured employing more than 100 employee constituted the least percentage which is (2.5%) of the Total active employees until December 2012.

15000

2008 2009 2010 2011 2012

10000

5000

0

New employersActive employers

80%

10% 6% 11% -14% -5%-42%-30%-40% 41%59%

60%40%20%

0%-20%-40%-60%

2008 2009 2010 2011 2012

New employers

Active employers


Figure No 3

The relative distribution of the of the Active Employers according to the groups of the Insured employees and gender until the end of

December 2012

More than half of the active insured of the males constituted the category of the insured employing more than 100 worker with a percentage of (68.9%). When compared to the females of the same category, their percentage was (42.6%). Then follows the category of the insured employing from 21 to 100 worker with a percentage of (17.4%) for males and (24.0%) for females. Then comes the category of the insured employing from 2 to 5 worker comprising a percentage of (4.4%) for males and (12.5%) for females. These categories are further followed by the categories of the insured employing from 11 to 20, from 6 to 10 and one worker with percentages that differs between males and females as shown in Figure no 5.

Figure No 4

The relative distribution of the of the Active Insured employers according to the categories of the Insured employees and gender until the

end of December 2012

The Indicators of the Active Insured Employees (in the Sultanate)

By the end of December 2012, the number of the active insured employees included in the Social Insurance System decreased to (172066) insured employee in 2012 compared to 2011 where there were (174441) insured employee. This decrease included (2375) insured employee with a percentage of (1%). It resulted from the decrease of the employers registered in the system in 2012.

7.8%5.3%

6.5% 2.5%

45.1%

32.8%

1

2-5

6-10

11-20

21-100

more than100

70.0%

male female

60.0%

50.0%

40.0%

30.0%

20.0%

10.0%

0.0%

42.0%

24.0%17.0%

8.0%4.2%

7.2%2.9%

12.5%4.4% 5.7% 2.2%

68.9%


100%

80%

60%

40%

20%

0%

20122011201020092008

RejoiningNew

Figure No 5

An increase in the number of the Active Insured employees registered in the system during 2008-2012

The insured males constituted a percentage of (79.9%) of the Total active insured in 2012, whereas the females constituted (20.5%).

The number of the new insured employees registered in the system was (18.39) insured employee by the end of December 2012. The males comprised (68.4%) as a new registration.

While the number of the rejoining insured employees in the system was (41.081) insured employee and the males constituted a percentage of (84.2%) of the Total.

Figure e No 6

The relative distribution of the Insured employees (New and Rejoining) by the end of December 2012

The highest percentage of the Active Males Insured was in Muscat and it was (31.9%) of the Total males insured. On the other hand, the percentage of the Active females insured in Muscat was (55.8%) of the Total females insured. Then comes the percentage of the active insured employees in Al Batinah North which represent a percentage of (17.4%) of the Total active insured employees by the end of December 2012. Whereas, the rest of the percentages were distributed between the rest governorates.

16%

11%

6%

1%

-4%

200000

150000

100000

50000

0

Total of Active Insured Employees Growth rate

Nom

. in

Thou

sand

%-1%-2

12%

8%

15%

2008 2009 2010 2011 2012


Figure No 7

Distribution of the Active Insured employees in the Governorates by gender by the end of December 2012

Half of the Active Insured employees whose age less than 30 comprises a percentage of (53.3%) of the Total insured employees. This percentage is divided into (19.7%) for those whose age is 31-35 years and (6.9%) for those whose age is more than 50 years. The rest percentages were divided between the rest age categories.

Most of the Active males insured whose age is between 26 to 30 constitutes a percentage of (27.4%) of the Total males insured. Similarly, the number of the active males insured of the same age comprises (28.5%) of the Total females insured.

The average of the males insured age is 33 years, whereas the age of the females is 32 by the end of December 2012.

Figure No 8

Relative Distribution of the Active Insured employees by age groups and gender atthe end of December 2012

The Active Insured employees whose basic salaries are less than (200) R.O comprised a percentage of (32.6%) of the Total Active Inured employees in 2012. Whereas, the percentage of the Active Insured employees whose salaries less than (800) R.O reached a percentage of (6.0%).

Most of the males were classified in the group of the Active Insured employees whose salaries (more than 200 to 300) R.O with a percentage of (37.2%) of the Total males insured. While (42.5%) of the Active females insured were classified in the group of salaries (more than180 to 200) R.O of the Total female insured.

The average basic salary of the insured employees registered in the social insurance increased from (313) R.O

Males

Females

50.0%

40.0%

30.0%

20.0%

10.0%

0.0%

60.0%

Al-Buraymi

South Al-Batinah

South Ash-Sharqiyah

North Ash-Sharqiyah

Ad-Dakhliyah

North Al-Batinah

Adh-DhahirahAl-W

ustaMsandam

DhofarMuscat

Morethan5046-5041-4536-4031-3526-3021-2520 years

and less

25.0%

20.0%

15.0%

10.0%

5.0%

0.0%

30.0%Males

Females


in 2011 to (350) R.O in 2012. This increase comprises an average of (37) R.O and a growth rate of (11.8%).

The average basic salary for the insured by gender was differed, as the average of the males insured reached (359) R.O in 2012 compared to (317) R.O of the females insured. The difference rate constituted (42) R.O of the average with a growth rate of (12.5%) for males and (10.1%) for females compared to 2011.

Figure No 9

The relative distribution of the Active Insured employees based on salary group and gender until the end of December 2012

Figure No 10

The average of the basic salaries of the Active Insured by gender during 2008-2012

Figure No 11

The distribution of the basic salaries’ average of the Active Insured employees by age group and gender during 2012

2012

1200

217 217

211 228

240218

237

313

288

319

350

317

359211

218

1000

800

600

400

200

02011201020092008

Total Average Females Males

500 400 300 200 100 0 100 200 300 400 500 600

Males

Females

up than 50

50-46

45-41

40-36

35-31

30-26

25-21

less than 20

50.0%

40.0%

30.0%

20.0%

10.0%

0.0%

Males

Females

More than 800 - 900

More than 700 - 800

More thanأ 600 - 700

More thanأ 500 - 600

More than 400 - 500

More than 300 - 400

More than 200 - 300

More than 180 - 200


Indications of End of services:

The number of termination of service cases decreased in 2012 reaching (58828) case compared to 2011where it reached (72526) case with a decrease rate of (23.3%).

The males constituted a percentage of (81.6%) of the Total termination of service cases in 2012, while females comprised a percentage of (18.4%) of the Total cases.

The resignation cases recorded the highest percentage of the Total termination of service cases of (68.4%), followed by offend of service with (27.3%). The rest percentages were distributed between the other categories of service termination reasons.

Most males were classified in the categories of termination of service due to resignation with (67.0%) of the overall males who ended their service. Similarly, the females were classified in the same categories with a percentage of (75.0%) of the overall females who ended their service during 2012.

Figure No 12

The relative distribution of service termination cases by the reasons of end of sevice during 2012

Termination of service cases because of (resignation and end of service) reached (56295) case with a percentage of (95.7%) of the Total terminated services cases during 2012.

The males who ended their service because of (resignation and end of service) were mostly found in the age category of (20 years old and less) representing a percentage of (36.0%) of the Total. Whereas, the service females who ended their service of the same causes were found in the category aging from 21 to 25 years old with a percentage of (32.3%) from the Total. The rest percentages were distributed on the other age categories.

Males

Females

80.0%

2.2% 1.6% 1.1% 1.9% 0.2% 0.6% 0.4% 0.2%

21.1%

75.0%

28.7%

67.0%70.0%

60.0%

50.0%

40.0%

30.0%

20.0%

10.0%

0.0%Others Transfer to

another CompanyDeath Disability Termination Resignation


Figure No 13

The relative distribution of the service termination because of (resignation and end of service) by age group and gender during 2012

Most of the males who ended their service due to (resignation and end of service) were classified in the salary category of (more than180 to 200) R.O with a percentage of (53.8%) of the Total. Similarly, the females who ended their service due to the same causes and in the same salary category represented a percentage (58.5%) of the Total. The rest percentages were distributed in the other salary categories.

Figure No 14

The relative distribution of termination of service cases because of (resignation and end of service) by salary category and gender during 2012

Termination of service cases varied during 2012, as the highest rate was recorded in September with a percentage of (11.8%) of the Total cases during the months. In January, the recorded cases reached a percentage of (10.4%), while the percentages of the rest months rated between 6.8% and 8.6% during 2012.

more than 50

46-5041-4536-4031-3526-3021-25less than 20

40.0%

35.0%

30.0%

25.0%

20.0%

15.0%

10.0%

5.0%

0.0%

Males

Females

70.0%

60.0%

50.0%

40.0%

30.0%

20.0%

10.0%

0.0%

Males

Females

More than

900More than

700 - 800More than

600 - 700More than

500 - 600More than

400 - 500More than

300 - 400More than

200 - 300More than

180 - 200


Figure No 15

The distribution of the number of end of service cases by months during 2012

Indicators of Active Insured Employees (in GCC Extension Coverage and Employees working abroad alike):

The number of the Active Insured Employees in the GCC Extension Coverage increased from (1122) insured employee in 2011 to (1279) insured employee in 2012 with a growth rate of (14.0%) where the males constituted (83.1%) and the female (16.9%) of the Total active insured employees in the system in 2012.

Figure No 16

An improvement in the number of active insured employees registered in the GCC Extension Coverage during 2008-2012

Most of the active insured employees registered in the GCC Extension Coverage were in UAE representing a percentage of (47.3%) of the Total males. Similarly, the females from the same country comprised a percentage of (60.2%) of the Total females registered in the system. The rest were distributed proportions of both genders in the other countries.

8000

7000

6000

5000

4000

3000

2000

1000

0Jan Feb March April MAY June July August Sept. October Nov. Dece.

End of service Cases

1400

2008 2009 2010 2011 2012

1200

1000

800

600

400

200

0

15.0%

10.0%

5.0%

0.0%

-5.0%

-10.0%

No. of active insured employees

Growth rate


Figure No 17

The relative distribution of the active insured employees registered in the GCC Extension Converge by the state during 2012

The number of the active insured employeess working abroad and alike registered in the insurance system reached (38) insured. Thirty four of which are males, while four are females.

The indications of the beneficiaries of the insurance benefits

The Pensions (accumulative) until the end of 2012

The number of beneficiaries registered in pensions of social insurance increased at the end of 2012 with a rate of (15.2%) compared to the precious year where their number increased from (7756) in 2011 to (8937) in 2012.

Figure No 18

An accumulative improvement in the number of pensioners during 2008-2012

The percentage of pensioners of old-age pensions (legal age and early) reached (38.3%) at the end of 2012. While, the percentages of pensions death (occupational and non-occupational) and disability pensions (occupational and non-occupational) reached 40.8% and 21.0% respectively out of the Total pensions at the end of 2012.

UAE

Bahrain

Qatar

Saudi Arabia

Kuwait

49.5%

11.6%

16.6%

14.4%

7.8%

15.5%

15.0%

14.5%

14.0%

13.5%

13.0%

12.5%

12.0%

10000

8000

6000

4000

2000

02008 2009 2010 2011 2012

Accumulative no. of Pensioners Growth rate


Figure No 19

The relative distribution of the pensioners’ number accumulatively by the type of pension in 2012

End of service benefits and grants during 2012:

End of service benefits increased from (4383) in 2011 to (5353) case in 2012 with a growth rate of (22.0%). In fact, the rate of previous and subsequent end of service benefits comprised (87.1%) of overall cases. However, the rate of work injuries reached (11.8%), and the work injury lump sum compensation represented only (1.2%) of the Total cases during 2012.

Figure No 20

An improvement in the end of service benefits during 2008-2012

The Total number of payment cases of grants reached (1930) during 2012 with a percentage of (204.0%) compared to the previous year where the end of service benefits constituted a percentage of (53.1%) of the Total cases in 2012. The payment cases increased from (483) case in 2011 to (1025) case in 2012 of (112.0%).

Non - Occupational Disability Pensions

Occupational Disability Pension

Non - Occupational Death Pensions

Occupational Death Pension

Old Age Pensions

5.1%

38.3%

17.7%3.2%

35.7%

100%6000

5000

4000

3000

2000

1000

0

80%

60%

40%

20%

0%2008 2009 2010 2011 2012

End of service casesGrowth rate


Figure No 21

An improvement in the cases of exchange of grants during 2008-2012

Figure No 22

The relative distribution of grants paid based on the type of grant in 2012

Indicators of Work Injuries

The Total number of work injury cases during 2012 reached (512) case compared to the previous year where (650) case were recorded. The decrease percentage reached (27.0%) in 2012.

In 2012 the percentage of the insured who had work injuries was (0.3%) of the Total active insured registered in the social insurance system.

More than half of the work injuries were classified in the age category (less than 30 years old) with a percentage of (58.5%). While, the rest percentages were distributed to the other age categories.

250%

200%

150%

100%

50%

0%

-50%

2500

2000

1500

1000

500

02008 2009 2010 2011 2012

End of serviceGrowth rate

Funeral grant

Death grant

End of service grant

Pensioner’s daughter marriage grant

19.19%

19.4%

8.4%

53.1%


Figure No 23

The relative distribution of the work injury cases by age group during 2012

March recorded the highest number of work injuries in 2012, whereas October recorded the lowest.

Figure No 24

The distribution of the work injury cases based on by the month of the injury in 2012

Second: the financial indications:Revenues Indicators:

The Total rate of the revenues increased by (15.5%) in 2012 compared to the growth rate of the previous year which reached (3.6%)

The revenues of the “monthly contributions” constituted a percentage of (82.9%) of the Total revenues in 2012, as it scored a growth rate reached (12.0%) compared to 2011.

The revenues of the investments increased scoring a growth rate of (41.7%) in 2012, whereas in 2011 the percentage was (17.0%) of the Total revenues in 2012.

The other revenues of 2012 decreased with a decrease rate reaching (136.5%) compared to the previous year.

20 year and less

21-25

26-30

31-35

36-40

41-45

46-50

More than 50

8.2%

23.0%

27.7%

17.6%

8.8%

4.7%

4.5%5.5%

70

60

50

40

30

20

10

0

Work injuries

Jan FebMarch

April May June JulyAugust Sept.

October Nov.Dece.


Figure No 25

The growth rate of the revenue by the type of revenue during 2008-2012

Figure No 26

An improvement in the monthly contributions (%) as a percentage of the Total revenues during 2008-2012

110%90%70%50%30%10%

-10%-30%-50%

2008 2009 2010 2011 2012

Other revenues ( % )

Investment revenues (% )

Contributions ( % )

45.5%

40.0%

35.0%

30.0%

25.0%

20.0%

15.0%

10.0%

5.0%

0.0%

90%

23.1%

17.9%

13.4%

41.1%

12.0%

80%

70%

60%

50%

40%

30%

20%

10%

0%2008 2009 2010 2011 2012

Growth rate Monthly contributions ( % )


Insurance Expenditure Indicators: The Total insurance expenditures reached (31,243,371) million R.O at the end of 2012 compared to the Total of 2011 which was (24,407,000) million R.O. the increase was (6,836,371) million R.O with a growth rate of (28.0%). These figures was further classified as follows:

The pensions expenditures increased from (17,744,000) million R.O to (20,799,195) million R.O in 2012 with a growth rate of (17.2%). These expenditures comprised a percentage of (66.6%) of the Total insurance expenses in 2012.

The End of service expenditures constituted a percentage of (30,3%) of the Total insurance expenditures in 2012, and they increased with a growth rate (90.3%) compared to the previous year. On the other hand the percentages of the “additional grants” and “work injuries” were (2.3%) and (0.8%) respectively of the Total insurance expenditures in 2012.

Figure No 27

The growth rate of the insurance expenses by type during 2008-2012

150.0%

100.0%

50.0%

0.0%

-50%

100%-2008 2009 2010 2011 2012

XX X

X

X

X

Pensions

End of service benefits

Additional grants

Work injuries


Investment Indications

Distributing the investment assets of 2012

The investment assets of PASI were distributed according to the asset allocation model adopted by PASI and based on the available investment opportunities in the local and international markets. This approach was adopted because the last economic crisis still affecting the stability of the financial markets. The following table gives a detailed description of the distribution of PASI investments.

Table No 1

Distribution of the investment assets of 2012

The segmental percentageAsset class

25.7%Equities

11.2%Investment funds

17.1%Bonds, deposit certificates and loans

2.2%Alternative investment

3.8%Real estate investment

40.0%Short-term assets

100%Total


Figure No 28

The distribution of PAIS investments at the end of 2012

When creating the segmental distribution shape of the Total investments, it was taken into consideration that the distribution should adapt to the asset allocation model of the investment assets adopted by PASI. Similarly, the segmental percentages of the assets should comply with regulations of the retirement funds investments as per the royal decree No (31/96) that governs the Omani pensions.

Based on that, PASI invested in the local and foreign markets with a limited activity during 2012. Examples of the local investments comprise the subscription in the first offer of the new Islamic banks including Bank Nizwa and Al Izz Islamic Bank and the subscription in the preference right of Islamic windows which was issued by the local banks. Besides, PASI owns shares in companies listed in Muscat Securities Market, and has contributed with a new local discretionary portfolio. At the same time, it paid commitments of existing and new foreign investments. The Total percentage of the investment in equities reached (39%) of the Total assets of PASI investment portfolio.

Furthermore, PASI has activated its role in investment by investing in local, international, government and corporate bonds. It did not invest in the local certificates of deposit during the year due to the high quality within the local banks. The percentage of this asset class reached (17%) of the Total assets of PASI portfolio at the end of 2012. PASI also added new assets in its investment portfolio by investing 25 million R.O in the government bonds.

While making any additional investment during 2012, it was taken into account that the allocation of various asset classes is in line with the asset allocation model and complies with the Ministry of Finance guidelines, with the exception of local fixed deposits whic reached about (40%) of the Total fund exceeding the maximum limit of (20%). This was due to that fact that all contributions received by PASI as well as income from its investments and other income are invested directly in bank deposits at the best terms and interest rates until investment opportunities become available in the local and international markets with attractive returns and measured risk..

PASI hopes that with the emergence of signs of improvement in the global and local financial markrts would attribute towards making new investments and improve the portfolio diversification which would result in enhancing the investment returns in the coming future.

25.7%

11.2%

2.2%

17.1%

3.8%

40.4%

Equities

Investment funds

Alternativeinvestment

Bonds, depositcertificates and loans

Real estate investment

Short-term assets


Table No 2

Investment that PASI participated in during 2012

The sum (thousand R.O)Type of investment

9,345Direct local equities1

4,000Local portfolios2

25,000Local government development bonds3

5,327Local corporate bonds4

-Local of certificates deposits5

8,753Local real estate investment6

10,035Foreign investment7


The Strategic Planning PASI continued its success journey underpinned by strategic planning. In 2012 it witnessed a number of accomplishments of the Five-Year plan (2011-2015) and many of insurance and administrative projects were completed. It worth mentioning that the Five-Year plan of PASI included the following five Dimensions:

Expanding the insurance coverage. Improving and developing the investment performance.

Improving the institutional service. Development of awareness and knowledge of social insurance

Building capacity (administrative, technical and informational)

Based on these dimensions a number of projects were executed during 2012 reached (15) project. These projects were distributed to achieve the aims of most of the dimensions mentioned above including (asset allocation). This project fell in the dimension of improving and developing the investment performance. Many projects were achieved in the dimension of developing the institutional service, to name a few; (holding agreements with contractors such as Oman Post, preparing a guide of Procedures for PASI’S departments and applying the system of electronic payment). Furthermore, projects were implemented concerning the dimension of development of awareness and knowledge of social insurance including (establishing media cooperation with general institutions and non-governmental associations). (A study of PASI administrative expenses, the Actuarial Study of PASI and the Business continuity management system)were the projects implemented in the dimension of building capacity (administrative, technical and informational) that augment from the administrative abilities. Concerning the technical and informational abilities of the same dimension, a project of an electronic Audit system was executed.

Human ResourcesThe workforce

PASI continued its effort to build the capacities of its employees and increase their efficiency opting at transferring its aims and goals to the real world in response to the accomplishments of the social insurance system, and to serve the insured persons and the beneficiaries registered in the system. PASI maintained a qualified workforce of (324) employee at the end of 2012 distributed in all the departments and offices. The males employees comprise a percentage of (73.8%), while the females constitute (26.2%).

Training and qualifying the employees:PASI has designed training programs for its employees in 2012 in different administrative and insurance spheres aiming at elevating the level of their performance in all the managerial levels. In 2012 it held (138) training program in the Sultanate. The following table gives details of the executed training programs and the number of the participating employees in 2012.

Table No 3

Programs, workshops, conferences and symposiums held during 2012

The number of the participantsThe number of the executed

programsType of the program

1135General training programs

666contracted training programs (collective)

17959Interior training programs (individual), workshops and interior

symposiums

9168External training programs (individual)

449138Total


Media and Insurance Induction:PASI continued its awareness efforts during 2012 by organizing promotional and media campaigns to raise the level of insurance awareness among the insured persons and the businessmen, by explaining the services it provides. The number of awareness campaign lectures conducted exceeded (100) introductory lectures for various private and educational institutions covering different layers in the society.

As part of the Induction, PASI embarked on promoting communication with the local society. It was actively involved in the festivals and national activities in the Sultanate seeking to gain an outstanding position in the local events and occasions. Besides, it aims at finding new paths in reaching out with the communities in educating them about the insurance system.

The awareness campaigns were not exclusive to the local society, but it targeted also the communities of the GCC countries aiming at introducing the Omanis working within the GCC countries about the extended protection insurance coverage system. In this regard, PASI implemented a work plan using introductory lectures in all the GCC countries based on a time frame set in coordination with the Ministry of Foreign Affairs, the embassies in the GCC Council existing the Sultanate and the Pension Authorities and Retirement Civil Institutions in these countries. The team responsible of these meeting was able to achieve the planned goals through these meetings that targeted the Omanis under the insurance converge system and introduce them to the features and benefits provided by the system.

The pension extended protection scheme campaign with in the GCC countries was well covered by the GCC press and newspapers with various articles on social insurance.

The E-Services: The information technology is considered a highly productive tool in uprising the level of services provided to fulfill the needs of the service users. Therefore, PASI implemented a series of projects that helps in improving the technological infrastructure. The following exhibits most of these projects:

A project to connect the regional branches of PASI to its call center aiming at facilitating the communication between PASI and its branches.

A project to transfer all the network systems to digital environment systems.

A project to expand the infrastructure of PASI including (central devices and networks).

A project to apply Linux systems: this project targets to ensure stability in the systems environment and decrease the costs of the maintenance, authorizations and periodical support. Besides, Linux Systems are considered one of the open programs that are characterized by their solid and rapid performance. They are featured also by their high capability of dealing with the network and its various protocols.

A project to apply Internal Auditing System that will organize and facilitate auditing mechanisms staring from the plan and program to the notes and reports.

Electronic archiving project aiming at archiving all the insurance documents in PASI, and those concerned with the documents of the insured persons and businessmen to facilitate the process of completing the transactions accurately and in an appropriate time.


The International Cooperation PASI in collaboration with other social insurance authorities and international organizations has participated in various symposiums and forums of mutual and common interest. These participations included several regional and international activities concerning social insurance as follows:

1. PASI participated in the 101st Session of the International Labour Conference held in Geneva from 30 of May to the 14 of June 2012. PASI’s representative and a member in the Omani Delegation presented a paper concerning the committee of social coverage foundations on behalf of the GCC countries. The working paper covered the efforts exerted by the International Labour Organization in uplifting various work fields, social coverage, installing the values of freedom and dignity and encouraging excellence emphasizing the concept of social coverage which has maintained a prominent position in the legislative sphere and on the level of the good practices among the GCC countries.

2. A delegation from PASI participated in the Third Regional Social Security Forum for Asia and the Pacific which was held in the Korean capital Seoul from the 30 of October to the1st of November 2012. The Forum is considered the a significant opportunity for networking within the social insurance and retirement field and to exchange experiences and discuss the best applied practices in Asia and the Pacific. This third session of this Forum stressed on the role of the social insurance institutions in expanding the insurance coverage to embrace all the layers of the society. It also discussed the protective methods and initiatives to enhance the performance of the social insurance institutions with further confirming the significance of technological innovations in improving the quality of the services.

3. Regionally, PASI participated in the “social security” workshop organized by the pension and retirement rewards fund in coordination with the General Authority of Pension and Social Insurance in the United Arab Emirates for social security. This workshop was entitled “the social security: How to deal with sustainability challenges”. It was held from 27 to 29 of March 2012, and it aimed at analyzing and reviewing the protective and proactive policies of the social security and the practices that assist the participating institutions in the association to face the sustainability challenges. It equipped the social security institutions with the best practices and national expertise to be prepared for the risks and react in a proactive and protective way. The sessions of the workshop shed light on topics that included updating the principals of the private sector directing association to invest the money of the social security and inventing flexible programs for retirement and managing the assets and liabilities of the retirement systems as a protective and proactive.

4. PASI participated in the “First Conference of the Arabian Association for Social Security” in Lebanon from 20 to 21 of February 2012. The significance of this association underpin from its role in promoting the cooperation and coordination between its members to exchange experts and experiences and achieve the targeted goals.

5. PASI participated in the Ninth Periodical Symposium of the Civil Retirement and Social Insurance bodies in Kuwait from 20 to 21 of March 2012 under the title of “Structuring the features and benefits of the civil retirement and social insurance systems”. The symposium showcased the features and benefits of the civil retirement and social insurance in the laws of the GCC countries. These features included (those who receive pensions, the eligibly ones, entrepreneurs workers who work for their own and those who work abroad who can now commute benefits with special pension needs). The symposium discussed also the future suggestions to improve the features and benefits of the civil retirement and social insurance schemes.


6. PASI participated in the Twenty Third Meeting of the Technical Permanent Committee of the Civil Retirement and Social Insurance bodies in the GCC countries which was held from 13 to 14 of June 2012 in Qatar. The meeting which was organized by the General Authority of Retirement and Social Insurance discussed a series of topics concerning the previous meeting which was about the GCC insurance extended protection coverage system. During the meeting, it was highlighted to do a following up with the execution of the recommendations during the Eighth Periodical Symposium which was entitled “the insurance inspection and its role in ensuring the adherence to the law”. The symposium stressed on following up with the application of the unified military insurance coverage system evidenced with the relevant statistics of those registered in the unified extended insurance coverage of the GCC countries.

7. PASI participated in the symposium of “Social Safety Networks” which was held under the auspices of the Ministry of Social Development and in cooperation with the World Bank from 15 to 16 of April 2012. The Symposium demonstrated the international and regional experts and the best experiences about the integrated and effective social safety networks, the social care services and the role of the information systems of the job market in enacting policies based on evidences and repairing the systems of the social security from the political economic prospective.

8. PASI participated in the “Twelfth meeting of the Social Insurance and Civil Retirement bodies’ leaders” in the GCC countries which was held from 11 to 12 of November 2012. This participation aimed at supporting the mutual efforts that promote the cooperation between the retirement funds in the GCC countries in their activities, systems and practices. These efforts helped in solving some of the insurance and retirement issues which were mostly included in the insurance extended coverage system. Besides, the symposium discussed some of the future plans that would serve the system and make it feasible for those who are registered in it.

Corporate Social Responsibility:

Within the social responsibility framework and the Authority social role, PASI has participated in some of the activities in cooperation with the other institutions including the following:

1. PASI participated in the International Day of Vocational Health and Security which coincides with the celebration of the International Labour Organization on the 28 of April Annual Event. The celebration this year was entitled “Green Economy”, as it is considered an international annual campaign to make the work environment safer and healthier protecting it from any accidents of diseases on the work location. PASI contributed with a number of activities indicating its responsibility in educating the worker and the manager about the significance of ensuring the profession health and security standards.

2. PASI participated in the First Legal Forum entitled “solve a problem” which was held on the 12 of July 2012 by the Association of Omani Lawyers. The Forum aimed at finding societal cooperation concerning the legal awareness of the society. Therefore, PASI’s participation underpinned from its belief of the importance of serving the society and supporting all its civil and voluntary institutions, besides; contribution in spreading the legal awareness amongst the people of the society in general and the lawyers in particular.


Mutual Agreement: Recently, all the governmental and private units and sectors adopted electronic services (E-service) approaches that rely on electronic services. E-services facilitate and speed up the process of providing these services. In this regard, PASI has given this initiative its importance by improving its services in the march towards adopting computer means by implementation of the electronic government. The Authority signed the following memorandum agreements:

1. The National Bank Omani

PASI signed an agreement with Oman National Bank called “the electronic collection of the social insurance contributions”. This agreement aims at improving the mechanism of collecting the contributions and finding easier alternatives that allow the people to pay their bills through the internet. It also enables the managers to observe the payment notification of the due contributions of the establishment through the website of the bank and pay directly. Add to that, this services saves time and effort, as well as; it will decrease paper transactions and replace it with electronic ones that cope with the national strive of the electronic government.

2. Oman Post

Adopting to the social protection systems and to facilitate the societal services, PASI signed an agreement concerned with facilitating its services through the network of Oman Post. The agreement stipulated that some of the referral services of receiving the insurance transitions and forms will be assigned to the post offices enabling them to assist the people in finishing their transactions with less cost and effort. As per this agreement, PASI organized some activities in coordination with Oman Post including holding introductory meetings about PASI services and the necessary terms to complete the referral transactions to the directors and employees of Oman Post offices network to guarantee the accuracy of the completed transactions.

The best practices in managing the processes and systems of the social insuranceThe Sultanate represented in the Public Authority of Social Insurance was awarded four merits and efficiency certificates. One of which was a special commend from the evaluation committee in a competition organized by the International Social Security Association of the best work practices in the insurance work and retirement in Asia and the Pacific region. The significance of this participation stems from abroad space of exchanging expert opinions and practices that will enhances and benefits the vast array of services in the social insurance sphere. The following is a brief overview of PASI achievements (certificates):

ISSA Good Practice Certificate in Investment Assets Allocation PASI was awarded a certificate of merit in the field of liability model-asset allocations. Modeling assets is based on a scientific approach that takes into consideration the return/risk profile of the assets vis-a-vis the liabilities over a long term(inustment).


It considered the restrictions and basis stipulated in the investment guidelines regulated by the Ministry of Finance for the Authority and other Omani retirement funds. Besides, PASI pursued and engaged a specialized expert firm when allocating the a recommended best model to distribute its local and foreign assets in line with its liabilities profile aimed at meeting is long term liabilities for the insured registered persons in the pension scheme.

Merit certificate in the rapid payment of the insurance benefit PASI received a merit certificate in the field of the swift payment of the insurance benefits from the Association. It is worth mentioning that the payment system of the insurance benefits is considered a peculiar one compared to the others. It is distinguished by its high quality and swift speed in processing the transactions and the honoring benefit to the beneficiaries. For example, PASI gives two grants for death and funeral expenses within 48 hours of reporting the death of the insured person and five working days of the pensions with their different types. Similarly, PASI provides benefits to the beneficiaries of the deceased as per the record. This approach is aimed at providing the benefit as quickly as possible to the beneficiaries with no time delay.

Merit certificate in the information technology infrastructurePASI was awarded a certificate of merit for the stability of the infrastructure of its information technology environment. This certificate of merit was granted as PASI was able to automate internal procedures documentation within the IT environment.

Certificate of merit for enabling mutual services provided to the businessmen and insured persons between PASI and the Ministry of Manpower PASI gained the fourth certificate of merit for establishing an electronic connection between PASI and the Ministry of Manpower. This electronic connection between these two entities will allow the businessman and the insured person to retain the important insurance data out of the individual practices that proves the advancement in the policies and systems. It will help also in replacing the paperwork with operational systems that connect some of the available data of PASI with the Ministry to exchange data and facilitate transaction between the two entities.

On the level of the Middle East, PASI was awarded a certificate of merit in the field of business continuity plan within the category of business continuity project in the government sector that was declared in the competition organized by the Business Continuity Institutions.


The Sixth Actuarial StudyAccording to article No (11) of the Social Insurance Law No (72/91) which states that “the financial position of the Authority shall be examined at least once every three years by one actuary expert or more.” PASI has signed a cooperation agreement during 2012 with the International Labour Organization (ILO) to conduct the sixth actuarial study. The Organization was chosen due to its neutrality and long experience in the social insurance where the three production parties (government, employers and workers) are represented. The actuarial study includes two main aspects, firstly to valuate the financial position of PASI and assess its ability to meet future obligations toward the insured workers. Secondly, to study the proposals of improving the benefits provided by PASI, this includes the demand of workers in the private sector and study the financial implication of such proposals. The study will take at least 10 months and it is expected to be submitted by the end of March 2013, where the results will be presented to specialized government organization to take the needed actions that serve the public interest.


Table No (1)

The Number of (Active-New) Employers until the end of December during (2008-2012)

Yearitem

20122011201020092008

1114811764137501238111628Active employers

-5%-14%11%6%10%change %

13772392342624294028New employers

-42%-30%41%-40%59% change %

Table No (2)

Distribution of employers based on the active insured employees during December 2012

categories of insured employees

employers Insured employees average number

of insured employees

in every employerment

Number% of Total

employersmales

% of Total

malesfemales

% of Total

femalesTotal

% of active insured

emplyees

1 5027 45.1% 3028 2.2% 1999 5.7% 5027 2.9% 1

2-5 3660 32.8% 5998 4.4% 4399 12.5% 10397 6.0% 3

6-10 866 7.8% 3943 2.9% 2543 7.2% 6486 3.8% 7

11-20 589 5.3% 5681 4.2% 2886 8.0% 8567 5.0% 15

21-100 730 6.5% 23855 17.4% 8413 24.0% 32268 18.8% 44

More than 100

276 2.5% 94313 68.9% 15008 42.6% 109321 63.5% 396

Total 11148 100% 136818 100% 35248 100% 172066 100% 15

Table No (3)

Distribution of active insured employees by gender during (2008-2012)

GenderYear

2008 2009 2010 2011 2012

Males 120562 129042 143482 139878 136818

change % - 7% 11% -3% -2%

Females 26632 29273 34234 34563 35248

change % - 10% 17% 1% 2%

Total 147194 158315 177716 174441 172066

change % ـ 8% 12% -2% -1%


Table No (4)

Distribution of Active insured employees (New) based on type during (2008-2012)

insured employees-new entrants

Year

2008 2009 2010 2011 2012

Males 22793 19021 24486 19011 12584

change % - -17% 29% -22% -34%

Females 6652 5962 8603 7979 5807

change % - -10% 44% -7% -27%

Total 29445 24983 33089 26990 18391

change % - -15% 32% -18% -32%

Table No (5)

Distribution of active insured employees (Rejoining) by type during (2008-2012)

Re-join insured employeesYear

2008 2009 2010 2011 2012

Males 32395 32733 42788 41376 34574

change % - 1% 31% -3% -16%

Females 4541 4530 6180 6985 6507

change % - 0% 36% 13% -7%

Total 36936 37263 48968 48361 41081

change % - 1% 31% -1% -15%


Table No (6)

Distribution of active insured employees based on the *Governorates and gender at the end of December 2012

Governorate

Males Females Total

numberTotal

percentage of males

numberTotal

percentage of females

number

percentage of the Total

insured employees

Muscat 43639 31.9% 19674 55.8% 63313 36.8%

Dhofar 7372 5.4% 2513 7.0% 9885 5.7%

Musandam 594 0.4% 88 0.2% 682 0.4%

Al Buraimi 1848 1.4% 483 1.4% 2331 1.4%

Ad Dakiliya 18259 13.3% 2329 6.6% 20588 12.0%

South Al Sharqiya 8781 6.4% 1101 3.1% 9882 5.7%

North Al Sharqiya 8028 5.9% 1328 3.8% 9356 5.4%

South Al Batinah 14369 10.5% 2520 7.1% 16889 9.8%

North Al Batinah 25715 18.8% 4225 12.0% 29940 17.4%

Ad Dahira 6810 5.0% 712 2.0% 7522 4.4%

Al Wusta 598 0.4% 35 0.1% 633 0.4%

undefined 805 0.6% 240 0.7% 1045 0.6%

Total 136818 100.0% 35248 100.0% 172066 100.0%

*The data of active insured employees as mentioned in address in the ID card


Table No (7)

Distribution of active insured employees by age group and gender during December 2012

Age Group Males Females Total

(year) number% of Total

malesnumber

% of Total females

number

% of Total active

insured employees

Less than 20 years 5866 4.3% 946 2.7% 6812 4.0%

21 - 25 27821 20.3% 7939 22.5% 35760 20.8%

26 - 30 37446 27.4% 10041 28.5% 47487 27.6%

31 - 35 26931 19.7% 6883 19.5% 33814 19.7%

36 - 40 13707 10.0% 4231 12.0% 17938 10.4%

41 - 45 8074 5.9% 2385 6.8% 10459 6.1%

46 - 50 6522 4.8% 1470 4.2% 7992 4.6%

More than 50 years 10451 7.6% 1353 3.8% 11804 6.9%

Total 136818 100% 35248 100% 172066 100%

Age average 33 32 32

Table No (8)

Distribution of active insured employees by basic salary group and gender during December 2012

Basic salary group Males Females Total

(R.O) number% of Total

malesnumber

% of Total females

number% of Total

active insured employees

More than 180 to 200 41087 30.0% 14970 42.5% 56057 32.6%

More than 200 to 300 50841 37.2% 9323 26.4% 60164 35.0%

More than 300 to 400 18841 13.8% 3940 11.2% 22781 13.2%

More than 400 to 500 7774 5.7% 2364 6.7% 10138 5.9%

More than 500 to 600 4412 3.2% 1549 4.4% 5961 3.0%

More than 600 to 700 2987 2.2% 925 2.6% 3912 2.3%

More than 700 to 800 2111 1.5% 601 1.7% 2712 2.0%

More than 800 8765 6.4% 1576 4.5% 10341 6.0%

Total 136818 100% 35248 100% 172066 100%

Basic salary average 359 317 350


Table No (9)

The average basic salary of the active insured employees by gender during (2008-2012)

item Gender

Years

2008 2009 2010 2011 2012

Basi

c sa

lary

ave

rage

(R.O

)

Males 218 218 240 319 359

change % ــ 0% 10% 33% 13%

Females 211 211 228 288 317

change % ــ 0% 8% 26% 10%

general average 217 217 237 313 350

change % _ 0% 9% 32% 12%

Table No (10)

The average of the active insured employees’ basic salary based on gender and age group during December 2012

item gender

Age group (year)

20 years and less

21-25 26-30 35-31 36-40 41-45 46-50More

than 50 years

Total

Basi

c sa

lary

ave

rage

(R.O

)

Males 204 260 330 391 489 493 464 389 359

Females 204 257 320 348 355 372 362 314 317

Total 204 259 328 382 457 466 445 380 350


Table No (11)

Distribution of end of service based on the reason of end of service and gender during 2012

Reason of end of service

Type

Total

% of employees who ended their service

males % of Total males females% of Total females

resignation 32156 67.0% 8093 75.0% 40249 68.4%

Termination 13761 28.7% 2285 21.1% 16046 27.3%

Disability 109 0.2% 42 0.4% 151 0.3%

Death 297 0.6% 26 0.2% 323 0.5%

Transferred to another employer

918 1.9% 124 1.1% 1042 1.8%

Others 752 1.6% 265 2.2% 1017 1.7%

Total 47993 100% 10835 100% 58828 100%

Table No (12)

Distribution of end of service (resignation and termination) based on age category and gender during 2012

Age group Males Females Total

(Year) number % of Total males number % of Total

females

Less than 20 years 16532 36.0% 2916 28.1% 19448

21 - 25 13556 29.5% 3347 32.3% 16903

26 - 30 7460 16.0% 1936 18.7% 9396

31 - 35 3223 7.0% 1050 10.0% 4273

36 - 40 1689 4.0% 465 4.5% 2154

41 - 45 1253 2.7% 299 2.9% 1552

46 - 50 1086 2.4% 195 1.9% 1281

More than 50 years 1118 2.4% 170 1.6% 1288

Total 45917 100% 10378 100% 56295


Table No (13)

Distribution of end of service (resignation and termination) based on the categories of the basic salary and gender during 2012

categories of the basic salary

Males Females Total

(R.O) number% of Total

malesnumber % of Total males

More than 180 to 200 24689 53.8% 6073 58.5% 30762

More than 200 to 300 15472 33.7% 2901 28.0% 18373

More than 300 to 400 3112 6.8% 725 7.0% 3837

More than 400 to 500 859 1.9% 284 3.0% 1143

More than 500 to 600 473 1.0% 144 1.4% 617

More than 600 to 700 296 0.6% 77 0.7% 373

More than 700 to 800 196 0.4% 45 0.4% 241

More than 800 820 1.8% 129 1.0% 949

Total 45917 100% 10378 100% 56295


Table No (14)

End of service based on the reason of the End of service and the month during 2012

Month

Reason of Termination of Service

Total

%of employees who ended

their service

resignation Termination Disability Death Transferred to another employers

Others

January 4470 1509 10 28 113 1 6131 10.4%

February 3428 1336 10 18 192 3 4987 8.5%

March 3391 1260 8 33 209 0 4901 8.3%

April 3227 1280 11 20 83 420 5041 8.6%

May 3380 1298 18 19 43 1 4759 8.1%

June 3094 1218 10 23 203 1 4549 7.7%

July 2760 1143 15 22 49 1 3990 6.8%

August 2825 1193 12 31 14 1 4076 6.9%

September 4530 2025 18 48 45 285 6951 11.8%

October 3472 1148 14 33 19 34 4720 8.0%

November 2593 1181 9 27 38 255 4103 7.0%

December 3079 1455 16 21 34 15 4620 7.9%

Total 40249 16046 151 323 1042 1017 58828 100%

Monthly average 3354 1337 13 27 87 85 4902

Table No (15)

The active insured employees in the GCC extension coverage by gender during (2008-2012)

GenderYear

2008 2009 2010 2011 2012

Males 823 769 850 935 1063

change % ـ -7% 11% 10% 14%

Females 124 126 156 187 216

change % 22% 2% 24% 20% 16%

Number of active insured employees

947 895 1006 1122 1279

Growth rate ـ -5.5% 12.4% 11.5% 14.0%


Table No (16)

The active insured employees in the GCC extension coverage by the country during December 2012

State

Males Females Total

number % of Total males number% of Total females

number% of Total


United Arab Emirates 503 47.3% 130 60.2% 633 49.5%

Bahrain 117 11.0% 32 14.8% 149 11.6%

Qatar 185 17.4% 27 12.5% 212 16.6%

Saudi Arabia 176 16.6% 8 3.7% 184 14.4%

Kuwait 82 7.7% 19 8.8% 101 7.9%

Total 1063 100% 216 100% 1279 100%

% of gender out of the Total 83.1% 16.9% 100%

Table No (17)

The active insured employees registered in the insurance system of the Omanis working abroad and alike by gender during (2008-2012)

GenderYear

2008 2009 2010 2011 2012

Males 2 5 34 32 34

change % - 150% 580% -6% 6%

Females 1 1 6 5 4

change % - 0% 500% -17% -20%

Total 3 6 40 37 38

change % - 100% 567% -8% 3%


Table No (18)

The active insured employees registered in the insurance system of the Omanis working abroad and alike by country during December 2012

Country

Males Females Total

number% of Total

malesnumber

% of Total females

number% of Total


United Arab Emirates 10 29.4% 0 0.0% 10 26.3%

Qatar 1 2.9% 0 0.0% 1 2.6%

Saudi Arabia 2 6.0% 1 25.0% 3 7.9%

Kuwait 8 23.5% 0 0.0% 8 21.0%

Foreign embassies in Oman 11 32.4% 3 75.0% 14 37.0%

United Kingdom 1 2.9% 0 0.0% 1 2.6%

Malaysia 1 2.9% 0 0.0% 1 2.6%

Total 34 100% 4 100% 38 100%

percentage of the gender out of the Total

89.5% 10.5% 100%


Table No (19)

The type of payment for the beneficiaries of the insurance benefits during (2008-2012)

Case categoryYear

2008 2009 2010 2011 2012

Pensions

Old-age pensions 2189 2410 2690 3005 3419

Disability pensions

Non-occupational reason 893 1034 1176 1354 1583

occupational reason

108 139 180 234 290

Death pensions

Non-occupational reason 1926 2210 2472 2777 3188

occupational reason

220 241 329 386 457

Total number of pensions 5336 6034 6847 7756 8937

change % 14.0% 13.1% 13.5% 13.3% 15.2%

End of service benefits

Previous and subsequent end of service benefits

1459 1601 1785 3666 4660

Work injury allowances 318 423 550 658 631

Work injury lump sum compensation 32 37 46 59 62

Total number of End of service benefits

1809 2061 2381 4383 5353

change % 33% 14% 16% 84% 22%

Additional grants

Death grant 119 288 237 237 367

Funeral grant 229 278 239 239 375

Pensioner’s daughter marriage grant 228 134 158 158 163

End of service grant -- -- -- 483 1025

Total number of additional grants 576 700 634 634 1930

change % 11% 22% -9% 0% 204%


Table No (20)

Distribution of Work Injuries based on Age Group and Month during 2012

Age Group Month

Total (Year)

January

February

March

April

May

June

July

August

September

October

Novem

ber

Decem

ber

20 years and less 5 3 10 3 5 1 3 2 2 1 3 2 40

21 - 25 16 6 12 7 12 10 8 11 12 5 9 10 118

26 - 30 16 14 21 15 7 11 6 6 6 13 8 19 142

31 - 35 7 6 7 7 6 5 13 6 12 5 6 10 90

36 - 40 4 2 1 3 5 4 5 4 3 3 5 6 45

41 - 45 2 0 2 2 1 2 2 6 3 0 1 3 24

46 - 50 1 2 3 3 7 0 5 2 0 0 0 0 23

More than 50 years

0 1 4 2 7 2 3 3 2 2 1 3 30

Total 51 34 60 42 50 35 45 40 40 29 33 53 512

Table No (21)

Types of Revenues during (2008-2012)

Year

2008 2009 2010 2011 2012

Investment Revenues (%) 24% 37% 37% 14% 17%

Change % ـ 155.5% -6.0% -60.9% 41.7%

Monthly Contributions (%) 74% 52% 63% 86% 83%

Change % ـ 17.9% 13.4% 41.1% 12.0%

Other Revenues (%) 1% 11% 0% 0% -0.1%

Change % ـ 1122.9% -99.7% 1334.8% -136.5%

Total 100% 100% 100% 100% 100%

Change % ـ 68.03% -6.13% 3.57% 15.53%


Tabl

e N

o (2

2)

Type

s of I

nsur

ance

Exp

endi

ture

s du

ring

(200

8-20

12)

Type

of E

xpen

ditu

res

Year

2008

20

0920

1020

11

2012

Am

ount

Perc

enta

geA

mou

ntPe

rcen

tage

Am

ount

Perc

enta

geA

mou

ntPe

rcen

tage

Am

ount

Perc

enta

ge

Payr

olls

9,18

6,02

971

.7%

10,5

92,0

0076

.1%

12,3

00,0

0074

.9%

17,7

44,0

0072

.7%

20,7

99,1

9566

.6%

Chan

ge %

ــ15

.3%

16.1

%44

.3%

17.2

%

End

of s

ervi

ce b

enefi

ts2,

128,

123

16.6

%2,

425,

000

17.4

%3,

053,

000

18.6

%4,

982,

000

20.4

%9,

482,

128

30.3

%

Chan

ge %

ــ14

.0%

25.9

%63

.2%

90.3

%

Tran

sfer

red

Insu

ranc

e be

nefit

s1,

066,

781

8.3%

Ch

ange

%--

Add

ition

al g

rant

s33

7,05

92.

6%77

8,00

05.

6%92

5,00

05.

6%1,

458,

000

6.0%

723,

682

2.3%

Chan

ge %

ــ13

0.8%

18.9

%57

.6%

-50.

4%

Wor

k-In

juri

es97

,220

0.8%

125,

000

0.9%

146,

000

0.9%

223,

000

0.9%

238,

365

0.8%

Chan

ge %

ــ28

.6%

16.8

%52

.7%

6.9%

Tota

l Ins

uran

ce

Expe

nditu

res

12,8

15,2

1210

0%13

,920

,000

100%

16,4

24,0

0010

0%24

,407

,000

100%

31,2

43,3

7110

0%

Chan

ge %

ــ8.

6%18

.0%

48.6

%28

.0%


ENGLISH

the nineteenth annual report 2012| · 2020. 11. 18. · 6 |the nineteenth annual report 2012...

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