AMMAN — Director of the Social Security Corporation
(
SSC) Hazem Al-Rahahleh said on Tuesday, at present, the SSC’s funds are not in
danger, stressing however that measures must be taken to ensure that the
stability of the cooperation remains sustainable.
اضافة اعلان
During a dialogue session, held by Abdul Hamid Shoman
Foundation under the title “Are the Security’s funds in danger?”, Rahahleh said
that the heaviest burden facing the SSC is the salaries of early retirees,
noting that a significant portion of early retirees receive pensions exceeding
their payments made throughout their employment, even with investment returns.
“Ultimately, the next generation will carry the burden of
this generation’s pensions,” Rahahleh added, calling for reconsidering early
retirement incentives.
He indicated that the
Kingdom is witnessing a drop in both
births and deaths, which will affect the country’s demographics, where the
number of senior citizens will rise compared to that of youth, exacerbating the
already low economic participation.
According to the director, the SSC’s assets are expected to
reach JD15 billion in 2025, and will grow to an estimated JD30 billion in 2030.
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