Old PASI rates
Our payroll still uses old PASI rates. Is that wrong?
The situation
The Social Protection Law replaced the old PASI contribution rates.
The law
- Social Protection Law, Royal Decree 52/2023: Omani staff: employer 14.5 percent, employee 8 percent; ceiling OMR 3,000 for pension and injury; pay by the 15th of next month
What it means for you
The Social Protection Law replaced the old PASI rates. For Omanis, use 14.5 percent employer and 8 percent employee, and add the expatriate branches. If payroll used old rates, compute the difference and pay it.
What to do
- Update payroll to SPF rates.
- Recompute past months on old rates.
- Pay any difference to the Fund.
- Document the correction.
We can do this for youSocial Protection Fund registration and monthly contributions: OMR 60