Look after your workers or face ban from ministry
Businesses that avoid paying for insurance for their employees will be banned at the Ministry of Manpower and the Ministry of Commerce and Industry, according to the Public Authority for Social Insurance (PASI).
Contributions are one of the most important sources of funding for the social insurance system.
The funds collected help insure the employee against disability, death and occupational injuries and diseases.
On the importance of collecting contributions both in full and on time, Khalifa bin Salem Al Badi, Head of the Contribution Section at the Public Authority for Social Insurance, told Times of Oman: “A delay in monthly contributions will mean that the employers must pay additional amounts and could be banned from the clearance of transactions with PASI and other bodies with which PASI have cooperation in this field.”
Regarding the importance of a clear and strategic method to pay contributions, Al Badi said: “The law specifies the period of payment of the due monthly contributions to be within fifteen days from the beginning of the month for payment. In case of delay by the employer or the insured, additional amounts shall be calculated as a result of the delay in contributions payment.
“In case of delay for three consecutive months, the employer is automatically blocked, and the employer or the insured won't be able to clear any transactions at the authority, as well as with the Ministry of Manpower and the Ministry of Commerce and Industry, until the due amounts are settled by the authority's concerned staff. In addition, in the case of bounced cheques, legal action is taken and the amount of outstanding monthly contributions is collected,” Al Badi added.
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Look after your workers or face ban from ministry doha mapa | |
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| News & Politics | Upload TimePublished on 31 Jul 2019 |
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