SIO completes procedures of transitioning VRS first batch

The Social Insurance Organisation (SIO) has completed all procedures related to transitioning the first batch of the Voluntary Retirement Scheme’s (VRS) successful candidates to retirement, in coordination with other government entities and in accordance to the scheme’s timeline.

To expedite the process of transitioning successful candidates to retirement, SIO has introduced an electronic system for government human resource directorates to electronically process the end of services forms as well as uploading successful candidates’ information. The electronic system is also provided to facilitate the calculation of successful candidates’ end of service package and their retirement pension.

The first batch of successful candidates are expected to sign their end of service forms between January 6 and January 10 to process their papers. The SIO will conduct two briefing sessions tomorrow and day after to brief all government human resource directorates on the new electronic system.