Manama: Bahrain’s Civil Service Bureau yesterday announced that over 6,000 applications have been submitted for the Voluntary Retirement Scheme, a new initiative designed to streamline government revenues and increase private sector growth.
The one-off 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 .