Saturday, August 24, 2019

iGA Conducts Awareness Sessions on Voluntary Retirement Scheme

The Information & eGovernment Authority (iGA) briefed iGA staff on the Voluntary Retirement Scheme, a one-off initiative launched as part of Bahrain’s Fiscal Balance Program.

During the briefing – which took place at iGA’s branches of Muharraq, Isa Town and Juffair – iGA’s Acting Director of Human and Financial Resources, Mr. Mohamed Jasim Sayyar, outlined the criteria for the scheme and its role in encouraging entrepreneurship as well as participation in the private sector.

The briefing followed a directive issued by the Civil Service Bureau instructing government departments to begin implementing the Voluntary Retirement Scheme.

The scheme provides eligible participants with early access to end-of-service packages and incentives consistent with existing laws and regulations, including access to a cash sum equal to five years’ additional service, end-of-service increments for those eligible and end-of-service indemnity.

Participants must have completed ten years of service in the public sector and cannot be working in a senior position. Measures are in place to ensure that public sector functions will not be affected by the Voluntary Retirement Scheme.

Registration for the scheme will be open until 8th November, 2018.

 

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