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New policy allows individuals aged 65 and above to use pension funds for Hajj slots
New regulations under an amended Pension Act came into effect on Thursday, allowing people aged over 65 to use their Retirement Savings Accounts to finance the Hajj pilgrimage, subject to conditions including a minimum balance of MVR 336,000. The Islamic Minister announced last month that 324 people aged over 70 who have waited more than three years on the Hajj list will be sent for the pilgrimage next year, while Saudi Arabia's annual quota for the Maldives stands at 1,000 pilgrims.
LatestIndividuals over 65 allowed to use pension funds for Hajj pilgrimageOne Online, 5 Nov, 13:20
MVR 336,000minimum Retirement Savings Account balance required to qualify5 outlets
20 percentshare of pilgrimage cost paid upfront to Maldives Hajj Corporation3 outlets
Sources5carried itSEATOOMOME4 of 19 news outlets we monitor + 1 official or other
Reports5one each
Reported over2 h 18 minfirst to latest report
Figures17as written, with their sentences
What happened
in order; days are read from the reports' words and dates
Thu 5 NovNew regulations under an amendment to the Pension Act came into effect, allowing individuals aged over 65 to use their Retirement Savings A…on Thursdayonly Sun EnglishNew regulations have come into effect on Thursday following an amendment to the Pension Act, allowing individuals aged over 65 to use their Retirement Savings Accounts to finance Hajj pilgrimage.
Word for word from the report in Sun English. Open the report
Promises in this story
what was committed, and where it stands
Dr. Mohamed Shaheem Ali Saeed, Islamic Minister · Send 324 individuals aged over 70 who have been on the Hajj waiting list for more than three years for the Hajj pilgrimage.
Different words do not mean different facts: the cards above compare headline wording only.
Who reported it, and when
5 outlets, over 2 h 18 min
Sun English5 Nov, 11:02 · first report
Atoll Times5 Nov, 12:48 · 1 h 46 min later
One Online5 Nov, 13:20 · 2 h 18 min later
Maldives Pension Office5 Nov · time not given
MM TV (English)5 Nov · time not given
5 Nov, 11:025 Nov, 13:20
Newest report: One Online, 5 Nov, 13:20. Reports with a date and no time are listed but not placed on the line.
Claims side by side
figures and events as extracted, each with its sentence
2 agreed0 written differently12 from one source
Agreed
More than one source gave the same figure or event.
minimum Retirement Savings Account balance required to qualifyMVR 336,000Sun EnglishMVR 336,000Atoll TimesMVR 336,000One OnlineMVR 336,000 (three hundred and thirty-six thousand)Maldives Pension OfficeMVR 336,000MM TV (English)they must not have previously performed the mandatory Hajj and must maintain a minimum balance of MVR 336,000 in their Retirement Savings Account (RSA)
members eligible to reserve slots for Hajj are those who have not previously performed Hajj and have a minimum of MVR 336,000 in their Retirement Savings Account (RSA).
To qualify, members must not have previously performed the obligatory Hajj and must hold at least MVR 336,000 in their Retirement Savings Account (RSA).
share of pilgrimage cost paid upfront to Maldives Hajj Corporation20 percentSun English20 percentMaldives Pension Office20 per centMM TV (English)Members seeking to use this facility must first pay 20 percent of the Hajj package cost to the Maldives Hajj Corporation.
Eligible applicants must pay 20 per cent of the pilgrimage cost to Maldives Hajj Corporation and apply to the Pension Office to cover the remaining 80 per cent from their savings.
Only one source we monitor stated it. That is a gap in what we monitor, not a doubt about it.
pilgrims aged over 70 on the waiting list more than three years to be sent for Hajj next year next year324 peopleSun EnglishIslamic Minister Dr. Mohamed Shaheem Ali Saeed announced last month that 324 individuals aged over 70, who have been on the Hajj waiting list for more than three years, will be sent for the pilgrimage next year.
annual Hajj quota allocated to the Maldives by the Saudi government annual1,000 pilgrims per yearSun Englishthe Saudi government currently allocating an annual quota of 1,000 pilgrims for the Maldives.
Share of Hajj trip cost payable to reserve a slot20 percentOne OnlineMembers wishing to go for Hajj under this policy will have their slots reserved in the established order upon paying 20 percent of the Hajj trip cost to the Maldives Hajj Corporation.
Share of Hajj price not immediately deducted from the member's RSA80 percentMaldives Pension OfficeThe remaining 80 percent will not be immediately deducted from the member's RSA; instead, these funds will remain invested until they are officially transferred to the Maldives Hajj Corporation.
Age at which MRPS members were previously ineligible to use RSA funds for a Hajj spot65 yearsMaldives Pension Officeindividuals aged 65 and above, or those who reached the age of 65 by the time their Hajj spot was confirmed, were not eligible to use funds from their Retirement Savings Account (RSA) to reserve a Hajj spot.
MRPS members meeting conditions for pension-funded Hajj Julymore than 23,000MM TV (English)Figures published by the Pension Office in July showed that more than 23,000 members met the conditions for pension-funded Hajj.
MVR 336,000 (three hundred and thirty-six thousand)Minimum Retirement Savings Account balance required for Hajj reservationMaldives Pension Officemust maintain a minimum balance of MVR 336,000 (three hundred and thirty-six thousand) in their RSA.
Word for word from the report in Maldives Pension Office. Open the report
20 percentShare of total Hajj price payable up front to Maldives Hajj CorporationMaldives Pension Officemembers wishing to perform Hajj must pay 20 percent of the total Hajj price to the Maldives Hajj Corporation.
Word for word from the report in Maldives Pension Office. Open the report
80 percentShare of Hajj price not immediately deducted from the member's RSAMaldives Pension OfficeThe remaining 80 percent will not be immediately deducted from the member's RSA; instead, these funds will remain invested until they are officially transferred to the Maldives Hajj Corporation.
Word for word from the report in Maldives Pension Office. Open the report
65 yearsAge at which MRPS members were previously ineligible to use RSA funds for a Hajj spotMaldives Pension Officeindividuals aged 65 and above, or those who reached the age of 65 by the time their Hajj spot was confirmed, were not eligible to use funds from their Retirement Savings Account (RSA) to reserve a Hajj spot.
Word for word from the report in Maldives Pension Office. Open the report
more than 23,000MRPS members meeting conditions for pension-funded HajjMM TV (English)Figures published by the Pension Office in July showed that more than 23,000 members met the conditions for pension-funded Hajj.
Word for word from the report in MM TV (English). Open the report
1,634 womenwomen aged over 65 affected by the previous restrictionMM TV (English)These included 1,634 women and 3,846 men aged over 65, illustrating the number of older members affected by the previous restriction.
Word for word from the report in MM TV (English). Open the report
3,846 menmen aged over 65 affected by the previous restrictionMM TV (English)These included 1,634 women and 3,846 men aged over 65, illustrating the number of older members affected by the previous restriction.
Word for word from the report in MM TV (English). Open the report
MVR 336,000minimum Retirement Savings Account balance required to qualifyMM TV (English)To qualify, members must not have previously performed the obligatory Hajj and must hold at least MVR 336,000 in their Retirement Savings Account (RSA).
Word for word from the report in MM TV (English). Open the report
20 per centshare of pilgrimage cost paid upfront to Maldives Hajj CorporationMM TV (English)Eligible applicants must pay 20 per cent of the pilgrimage cost to Maldives Hajj Corporation and apply to the Pension Office to cover the remaining 80 per cent from their savings.
Word for word from the report in MM TV (English). Open the report
80 per centshare of pilgrimage cost covered from pension savingsMM TV (English)Eligible applicants must pay 20 per cent of the pilgrimage cost to Maldives Hajj Corporation and apply to the Pension Office to cover the remaining 80 per cent from their savings.
Word for word from the report in MM TV (English). Open the report
7 more figures
MVR 336,000minimum Retirement Savings Account balance required to qualify for the Hajj schemeSun Englishthey must not have previously performed the mandatory Hajj and must maintain a minimum balance of MVR 336,000 in their Retirement Savings Account (RSA)
Word for word from the report in Sun English. Open the report
20 percentshare of the Hajj package cost payable upfront to the Maldives Hajj CorporationSun EnglishMembers seeking to use this facility must first pay 20 percent of the Hajj package cost to the Maldives Hajj Corporation.
Word for word from the report in Sun English. Open the report
324 peoplepilgrims aged over 70 on the waiting list more than three years to be sent for Hajj next yearSun EnglishIslamic Minister Dr. Mohamed Shaheem Ali Saeed announced last month that 324 individuals aged over 70, who have been on the Hajj waiting list for more than three years, will be sent for the pilgrimage next year.
Word for word from the report in Sun English. Open the report
1,000 pilgrims per yearannual Hajj quota allocated to the Maldives by the Saudi governmentSun Englishthe Saudi government currently allocating an annual quota of 1,000 pilgrims for the Maldives.
Word for word from the report in Sun English. Open the report
MVR 336,000minimum Retirement Savings Account balance required to qualify for Hajj financingAtoll TimesMembers must have at least MVR 336,000 in their Retirement Savings Accounts to qualify for Hajj financing under the scheme.
Word for word from the report in Atoll Times. Open the report
MVR 336,000Minimum balance in Retirement Savings Account to reserve a Hajj slotOne Onlinemembers eligible to reserve slots for Hajj are those who have not previously performed Hajj and have a minimum of MVR 336,000 in their Retirement Savings Account (RSA).
Word for word from the report in One Online. Open the report
20 percentShare of Hajj trip cost payable to reserve a slotOne OnlineMembers wishing to go for Hajj under this policy will have their slots reserved in the established order upon paying 20 percent of the Hajj trip cost to the Maldives Hajj Corporation.
Word for word from the report in One Online. Open the report
Other events named
no clear day, as worded
Regulations under the 6th Amendment to the Maldives Pension Act were gazetted and implemented to let MRPS members aged 65 and above use pension savings for Hajj reservations.Maldives Pension OfficeUnder the 6th Amendment to the Maldives Pension Act, regulations have been gazetted and implemented to allow members of the Maldives Retirement Pension Scheme (MRPS) who are aged 65 and above to reserve a spot for the mandatory Hajj pilgrimage using their pension savings.
Word for word from the report in Maldives Pension Office. Open the report
Pension fund rules were amended to allow Hajj payments after age 65.Atoll TimesPension fund rules amended to allow Hajj payments after age 65
Word for word from the report in Atoll Times. Open the report
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