Latest news with #SocialInsuranceOrganization
Daily Tribune
02-07-2025
- Business
- Daily Tribune
Over 109,000 People Receive Monthly Pensions in Bahrain, Says Latest Report
A new report by the Social Insurance Organization (SIO) has revealed that a total of 109,885 individuals in Bahrain are receiving monthly pension payments, as of the first quarter of 2025. According to the report, 84,862 are living retirees — making up 77% of the total — while the remaining 25,023 beneficiaries (23%) are family members of deceased retirees, including widows, orphans, and other eligible relatives. Public vs. Private Sector Retirees The report highlighted that the private sector accounts for the majority of retirees, with 48,254 individuals (57%). In contrast, the public sector has 36,608 retirees. Despite the smaller number of retirees in the public sector, they receive higher pensions on average. The average monthly pension for public sector retirees is BD 1,046, which is 59% higher than the BD 657 average for private sector retirees. Overall, the average pension for living retirees across both sectors is BD 825. 25,000 Family Members Receiving Pensions In addition to the retirees, the report revealed that 25,023 family members of deceased retirees — including children, spouses, parents, siblings, and grandchildren — receive monthly pensions. Among them: Children make up the largest group with 11,746 beneficiaries (47%), receiving an average of BD 337. Widows account for 10,345 beneficiaries (41%), with an average pension of BD 471. Other relatives (parents, siblings, grandchildren) make up 12% (2,932 people), with an average pension of BD 192. Age and Gender Breakdown The largest segment of retirees (30%) falls within the 60–69 age range, followed closely by the 50–59 group (29%), and the 40–49 group (24%) — indicating a steady flow of recent or near-retirement-age individuals entering the pension system. The gender distribution shows that men dominate in the private sector, comprising 67% of retirees, compared to 33% women. In the public sector, the gap is smaller, with 58% male and 42% female retirees. This reflects broader trends in workforce participation, years of service, and pre-retirement wages. Pension Ranges The report also noted that: 26% of retirees receive pensions above BD 1,000, 24% receive between BD 200 and BD 399, and Another 26% fall in the BD 400–599 range. This detailed data provides a clear picture of the demographics and economic support structure of Bahrain's retirement community, highlighting differences in sectoral benefits, gender participation, and generational transitions within the pension system.
Daily Tribune
28-06-2025
- Business
- Daily Tribune
Social Insurance Authority Launches New Website to Enhance Digital Services
The Social Insurance Organization (SIO) has launched its newly redesigned website as part of its ongoing efforts to upgrade digital services and align with Bahrain's Economic Vision 2030 and government strategy to improve the quality of public services. Marking the occasion, SIO Chief Executive Officer Sahar Rashid Al Manai said the launch of the updated website is a key step in the organization's digital transformation journey. She emphasized that the new platform offers a more advanced and user-friendly experience, making it easier for citizens and residents to access insurance-related services and information. Designed with a modern look and feel, the website reflects the organization's corporate identity. It features well-organized content, including e-services, laws and regulations, FAQs, a media center, informative guides, videos, and updated statistics. One of the key features of the site is its inclusive design, ensuring accessibility for all users — including people with disabilities — through special tools that allow content to be adjusted for individual needs, in line with international web accessibility standards. Al Manai added that this upgrade represents a significant leap forward in the authority's institutional modernization. It underscores SIO's commitment to providing flexible, secure, and transparent digital services that boost customer satisfaction and reinforce its vital role in Bahrain's social protection and sustainable development efforts.
Zawya
12-06-2025
- Zawya
False data for Tamkeen support: many face trial
Bahrain's Public Prosecution has referred a number of Bahraini defendants to trial for submitting false data online to the Social Insurance Organization (SIO) and the Labour Fund (Tamkeen), and forging private documents to illegally obtain over BD230,000 from both entities. This came as a result of Tamkeen's ongoing collaboration with relevant authorities to monitor and report misuse of its support programmes, said a statement. The Financial Crimes and Money Laundering Prosecution directorate received reports from Tamkeen and the SIO regarding the use of fake documents submitted online to illegally obtain funds for the purpose of employee wage support, it said. Tamkeen commended the collaborative efforts and the prompt action of the relevant government authorities in reporting suspected cases diligently. Tamkeen also stressed that all cases with an element of criminal suspicion such as ghost employment, wage manipulation, and falsifying of documents, and others, should be referred to the relevant authorities to take necessary legal action. – TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
11-06-2025
- Trade Arabia
False data for Tamkeen support: many face trial
Bahrain's Public Prosecution has referred a number of Bahraini defendants to trial for submitting false data online to the Social Insurance Organization (SIO) and the Labour Fund (Tamkeen), and forging private documents to illegally obtain over BD230,000 from both entities. This came as a result of Tamkeen's ongoing collaboration with relevant authorities to monitor and report misuse of its support programmes, said a statement. The Financial Crimes and Money Laundering Prosecution directorate received reports from Tamkeen and the SIO regarding the use of fake documents submitted online to illegally obtain funds for the purpose of employee wage support, it said. Tamkeen commended the collaborative efforts and the prompt action of the relevant government authorities in reporting suspected cases diligently. Tamkeen also stressed that all cases with an element of criminal suspicion such as ghost employment, wage manipulation, and falsifying of documents, and others, should be referred to the relevant authorities to take necessary legal action. – TradeArabia News Service
Daily Tribune
29-05-2025
- Politics
- Daily Tribune
Sports and Social Insurance Bodies Explore New Avenues for National Partnership
His Highness Shaikh Khalid bin Hamad Al Khalifa, First Deputy Chairman of the Supreme Council for Youth and Sports, President of the General Sports Authority, and President of the Bahrain Olympic Committee, welcomed Mr. Rasheed Mohammed Al Maraj, Chairman of the Board of the Social Insurance Organization (SIO). The meeting was held in the presence of H.E. Aymen bin Tawfiq Almoayed, Secretary-General of the Supreme Council for Youth and Sports; H.E. Yousif bin Abdulhussain Khalaf, Minister of Legal Affairs and Acting Minister of Labour; and Ms. Sahar Rashid Al Mannai, Chief Executive Officer of the Social Insurance Organization. S Strengthening Institutional Integration During the meeting, His Highness Shaikh Khalid bin Hamad Al Khalifa praised the Social Insurance Organization's efforts in developing Bahrain's social protection system and reinforcing the long-term sustainability of the kingdom's insurance sector. The discussion explored avenues for cooperation and the alignment of strategic goals between both entities to enhance institutional integration and contribute to national development efforts. A Shared Vision for the Public Good Mr. Rasheed Al Maraj expressed his sincere appreciation to His Highness Shaikh Khalid for his leadership in advancing youth and sports in Bahrain. He reaffirmed the Social Insurance Organization's commitment to fostering collaborative frameworks that serve the public interest and support the Kingdom's broader developmental objectives.
