The employer opting to subscribe in the alternative scheme shall adhere to the following:

1. Choose one of the licensed investment funds for the purposes of implementing the alternative scheme, through contracting with the Fund Manager;

2. Choose the categories of workers and professional levels thereof that he would like to include in the alternative scheme;

3. Stop working with the current end of service gratuity system for workers who have been chosen to participate in the alternative scheme, provided that the employer shall be committed to calculate the gratuity due to the beneficiary before implementing the alternative scheme in accordance with the provisions of the decree law. The employer shall pay such gratuity upon termination of the work relationship, calculated on the value of the beneficiary basic wage at the time of participation in the alternative scheme;

4. Calculate and pay the basic subscription amount in accordance with the provisions of this resolution without deducting it from the beneficiary wage. Such amounts shall not be refundable to the employer;

5. Provide the investment fund service providers with all documents and information related to the beneficiaries upon request; and

6. The Minister shall issue a resolution specifying the cases in which the employer may subscribe to the alternative scheme.