Oman: Sultani Decree No. 33/2021 on the pension and social protection law has been issued
Oman Sultani Decree No. 33/2021 on the pension and social protection law has been issued.The decree establishes a new fund called the Social Protection Fund which has egal capacity and enjoys financial and administrative independence. The funds’ articles of association will be issued by a Sultani Decree. The decree also establishes another fund called the Military and Security Military Fund which also has legal capacity and enjoys financial and administrative independence.