Fitch: Voluntary Retirement Scheme to Save up to 166 M Dinars
Fitch estimated that there would be $3 billion to $5 billion outstanding external debt in the period from 2019 to 2022, noting that 8.7 thousand employees had applied for Voluntary Retirement Scheme out of about 48,000 employees, which would save an amount of 166 million dinars in 2019 (11% of the wage bill for 2018).
SIO Says It Paid Dues of Second Batch of Voluntary Retirees
The Social Insurance Organization said that it had completed all the procedures for transferring pension dues to the accounts of the second batch of those accepted in the voluntary retirement program in the first week from March, during the period from March 4-7.
Ministry of Works Departments and Directorates Merged due to Employees Shortage after Voluntary Retirement: Newspaper
The Ministry of Works, Municipalities Affairs and Urban Planning will witness a restructuring in the coming days after the acceptance of applicants for voluntary retirement, which will lead to a shortage of employees in all departments and directorates of the ministry.
Official numbers: 8,025 Bahrainis Discharged in Voluntary Retirement Program, 45% from Education Ministry
Minister of Shura and Parliament affairs Ghanem Al-Buainain announced the acceptance of 8025 employees in the voluntary retirement program from among the 46 government agencies offering their employees for the program.
Civil Service Bureau: 120 Applications for Voluntary Retirement Accepted, 84 Rejected after Administrative Inspection
The civil service bureau in Bahrain said that 120 applications had been accepted for joining the voluntary retirement program and 84 had been canceled, in coordination with the government agencies where the applicants were employed
July and September 2019: Retirement Day for Teachers, Medical Cadre within Voluntary Retirement Program- CSB
CSB President said that in order to ensure the functioning of health services in the usual quality and ensuing that the course of the educational process and interest of students are not affected, it was decided that June 30, 2019 will be the last day for the employees who work in educational and administrative jobs in schools and who were accepted in the voluntary retirement program.
CSB Says Government Entities Contacted their Accepted and Rejected Employees in voluntary Retirement program
Organization and Budgeting director at Civil Service Bureau (CSB) Jamal Abdulaziz Al-Alawi said that the government entities have formally contacted their employees to inform them about accepting those who met the requirements and rejecting the ones who didn't meet the requirements of the voluntary Retirement program.
Civil Service Bureau President Says Annual Promotions will be Given to Individuals Accepted in Optional Retirement
The President Of Civil Service Bureau Ahmed Al-Zayed stated that the annual promotion for 2019 will be handed out to all employees who have been accepted in the optional retirement program who fit the requirements according to the approved regulations, including those who are set to exit with the first batch on 31 January 2019 and the following batches.
First Batch of Voluntary Retirees Referred to Retirement by End of January
Civil Service Bureau (CSB) Chairman Ahmed Zayed Al-Zayed said that the referral of those accepted in voluntary retirement will be on January 31, 2019 or February 28, 2019.
CSB Chairman: Over 9 thousand Public Sector Employees Applied for Voluntary Retirement
Civil Service Bureau (CSB) Chairman Ahmed Zayed Al-Zayed announced the number of employees who applied for voluntary retirement, which represents one of the six initiatives of the Fiscal Balance Program, reached more than 9 thousand.
Tomorrow Final Day to Apply for Voluntary Retirement
The Civil Service Bureau said that tomorrow, Thursday (November 8, 2018), will be the last day to apply for the voluntary retirement and that replies will be received by November 28.
Bahrain: Over 8,000 Gov’t employees Applied for Voluntary Retirement Program So Far
More than 8,000 government employees have applied for the voluntary retirement program to date, reported the Bahrain News Agency (BNA) on Saturday (November 3, 2018).
Khalid bin Abdullah: Number of Applications for Optional Retirement Program Increases to 7,000
Deputy Prime Minister Khalid bin Abdullah Al Khalifa said that approximately 7,000 employees had applied for the voluntary retirement program.
Hundreds of Employees Want to Withdraw from «Voluntary Retirement»
A Bahraini Civil Service Bureau source said that hundreds of government employees had submitted requests to withdraw from the voluntary retirement program.