Name of the Organization : Civil Service Employees Pension Fund
Type of Facility : Computing Shares For Eligible Heirs
Country : Oman
Official Website : http://www.civilpension.gov.om/english/tabid/137/Default.aspx
Computing Shares For Eligible Heirs :
Determining the shares of the eligible heirs, based on the provisions of the Law of Post Service Pensions and Gratuities of Omani Employees. When a pensioner dies, his/her eligible heirs will have the shares as listed below :
Related : Civil Service Employees Pension Fund Disbursement of Pension Entitlements Oman : www.statusin.org/4698.html
First : Group A, includes sons and daughters.
Their share is half the deserved pension which will be divided equally among them if they are more than one.
Second : Group B, includes widow(s) (or the husband if the pensioner is a .)
Their share is quarter the deserved pension, and it will be divided equally among them if they are more than one.
Third : Group C, includes the parents, brothers and sisters.
Their share is quarter the deserved pension, and it will be divided equally among them if they are more than one.
Who can request this service :
Eligible Heirs
Steps to follow to request the service :
** Access the Pension Fund website.
** Click the link (Compute Entitlement of Heirs Shares).
** Enter the required data.
** Click (Compute).
See results of the heirs’ shares.
How long will it take :
Immediate Action
Pension services :
The Civil Service Employees Pension Fund is seeking through, the pension services department to provide the best services and to perform work smoothly and quickly as possible.
Accordingly, all forms used at the service centre are provided here. This would facilitate the procedures for applying to pension services and to provide clarification on the documents required for services.
Examples for End of Service Benefits calculation :
The first example :
An employee was born 02/03/1945 joined on 02/09/1990 and his service ended when he reaches his retirement age on 02/03/2005, his last basic salary was (425) R.O
Parameters :
** The reason of the end of the service: reaching retirement age
** Period of service = 14 years and 6 months
** Last basic salary = 425 R.O.
** Formula of calculating the pension = period of service × last basic salary × 4%
Settlement of Benefits :
According to the provisions of paragraph (a) of Article (22) and to the provisions of paragraph (a) of Article (25) of the Law of Pensions and End of Service Benefits for Omani Nationals employed in the Government sector, the employee is entitled to a monthly pension salary from the date of 02/03/2005 as follows
Benefit Entitlement = 14 6/12 x 425 x 4% = 246.500 R.O
Monthly pension salary (246.5 R.O).
The Second Example :
An employee born on 07/04/1945 employed on 06/08/1997 and his service ended when he reached his retirement age on 07/04/2005, his last basic salary was (260) R.O
Parameters :
The reason of the end of the service: reaching retirement age
Period of service = 7 years and 8 months and one day
Last basic salary = 260 R.O.
Formula of calculating the gratuity = period of service × last basic salary×2
About Us :
Civil Service Employees Pension Fund is pleased to welcome all visitors to our site. We would like this site to provide information, communication and feedback to best-serve all visitors.