AMMAN — Director General of the
Social Security Corporation (SSC) Hazem Al-Rahahleh said on Wednesday that the
corporation has transferred JD300 million in social security surpluses to its
investment arm, the Social Security Investment Fund, since the beginning of
2022.
اضافة اعلان
Speaking at a seminar in Amman, Rahahleh said SSC
finances are “comfortable”, adding that at least once every three years, the
corporation commissions an actuarial study to assess its medium- and long-term
financial health.
He said that the corporation conducted its tenth
actuarial study, which yielded positive results, indicating an improvement in
the break-even point between contributions and expenses.
According to the 10th study, the SSC will reach the
break-even point in 2050, rather than the 2041 predicted by a previous study.
He credited the SSC’s efforts to broaden coverage and boost
membership, as well as legislative changes, for this development.
Read more Business
Jordan News