Latest news with #SocialSecurityCorporation
Jordan News
4 days ago
- Business
- Jordan News
Cabinet Approves Debt Installment Plan for 'Hafiz' Program Companies - Jordan News
The Council of Ministers, in a session held on Wednesday and chaired by Prime Minister Dr. Jaafar Hassan, approved new measures to support economic activities and ease their financial burdens. Among these was a decision to allow companies benefiting from the "Hafiz" program—a temporary employment support initiative in the digital and entrepreneurial sectors—to pay off their debts in installments. اضافة اعلان This includes retroactive differences in monthly social security contributions and late payment penalties from 2023, which can now be paid over a period of five years in 60 monthly installments, starting from the month following the signing of an installment agreement with the Social Security Corporation. The decision allows the continued implementation of the "Hafiz" program, under which the government has already covered JD 1.9 million in outstanding contributions owed to the Social Security Corporation on behalf of program employees. This aims to protect the financial entitlements of the Social Security Fund while ensuring the program's sustainability. The program's continuation paves the way for the employment of approximately 600 young men and women in the information technology sector, particularly in integrated government service centers and in private companies in need of IT support or technicians. These companies can hire staff for a period of 6 to 12 months, during which the Ministry of Digital Economy and Entrepreneurship will cover up to 50% of the new employee's monthly salary, whether in the public or private sector. The "Hafiz" program aligns with the goals of the Economic Modernization Vision, which seeks to digitize government services, enhance digital skills, improve the business environment, and foster conditions conducive to private sector growth.
Ammon
6 days ago
- General
- Ammon
Over 2,700 new voluntary subscribers join SSC in H1 2025
Ammon News - The Social Security Corporation (SSC) reported that 2,783 people subscribed voluntarily for the first time during the first half of this year, bringing the total number of active voluntary subscribers to 107,279 by the end of the same period. In a response to inquiries by the Jordan News Agency (Petra), the SSC explained that voluntary subscription is an important mechanism for individuals who are not compulsorily covered to complete their insurance rights. The program is available under specific conditions, including that the applicant must be Jordanian, aged between 16 and 60 for men or 55 for women when applying for the first time, not compulsorily insured through any job, and must not have received any social security benefits such as old-age pension, early retirement, lump-sum compensation, or total or partial disability benefits. The SSC noted that this option targets broad segments of society, especially expatriate Jordanians, housewives, and insured individuals who have left their jobs and need to complete the required contributions to qualify for a future retirement pension. Voluntary subscribers are covered under old-age, disability, and death insurance, and the same provisions apply to them as to compulsory subscribers. They must pay a monthly contribution of 17.5% of their declared insured wage, which must not be less than JD 290. The SSC added that applications can be submitted electronically via its official website, mobile application, or the government's Sanad app, with no documents required. Payments can be made through eFAWATEERcom, exchange offices, or banks.
Jordan News
7 days ago
- Business
- Jordan News
Social Security Corporation Clarifies Conditions for Early-Retired Jordanians Returning to Work - Jordan News
The Social Security Corporation (SSC) has clarified the conditions under which Jordanian citizens who retired early may return to work and combine a portion of their early retirement pension with their new wages, provided the new job is covered under the Social Security Law. اضافة اعلان In a press statement issued by its Media Center, the SSC explained that for an early retiree to be eligible for this benefit, the following conditions must be met: The retiree must have ceased working for at least 24 months from the date they began receiving their early retirement pension. They must not return to work for any employer they worked for during the last 36 contribution months prior to receiving early retirement. If the early retirement was granted due to a hazardous occupation, the retiree is not allowed to return to such work. Upon returning to work, the retiree must re-enroll in social security. If these conditions are met, the retiree will be entitled to receive a percentage of their early retirement pension, beginning from the month they resume work. The combined benefit ranges from 45% to 85% of their base pension, based on Table No. 7 of the Social Security Law, depending on the retiree's age and pension amount. However, the combined amount must not exceed 1,000 Jordanian dinars. If the retiree leaves the job again, the full early retirement pension will resume from the month following the end of service. Additionally, once the retiree reaches the age of 60 for men or 55 for women, or in the event of death, the new retirement pension will be recalculated to include the new contribution period, ensuring it is not lower than the original pension. The SSC emphasized that employers hiring early retirees without notifying the Corporation and without enrolling them in social security will face a penalty of 30% of the total wages paid to the retiree during their employment, in addition to the full contributions due, along with applicable fines and interest. Moreover, the early retiree in such cases must repay all unduly received pension amounts, plus a 9% annual penalty. Finally, the SSC noted that if a retiree returns to a job covered by the law without meeting the conditions for pension-wage combination, their early retirement pension will be suspended starting from the month they resumed employment.
Jordan News
07-07-2025
- Business
- Jordan News
SSC: 3,903 Old-Age Retirement Pensions Granted in First Half of 2025 - Jordan News
SSC: 3,903 Old-Age Retirement Pensions Granted in First Half of 2025 The Social Security Corporation (SSC) announced on Monday that it granted 3,903 old-age retirement pensions during the first half of 2025, bringing the total number of old-age pensioners as of June 30, 2025, to approximately 111,278 retirees. اضافة اعلان In a statement from its Media Center, the SSC clarified the eligibility conditions for receiving an old-age pension. These include: Reaching 60 years of age for insured males Reaching 55 years of age for insured females Having at least 180 total monthly contributions (equivalent to 15 years), of which 84 contributions must be actual (7 years) 'Actual contributions' refer to: Mandatory contributions through employment Voluntary contributions Periods covered by unemployment benefits The SSC added that those who reach the retirement age but haven't completed the required contribution period still have several options to become eligible: Purchasing the remaining years needed to reach the minimum contribution period, provided they have already completed at least 84 actual contributions. Continuing to work beyond the retirement age through: Their current employer A new employer Voluntary contributions, available for Jordanians not currently employed The SSC emphasized the flexibility offered by these options to help insured individuals meet the required criteria for receiving retirement benefits.
Zawya
03-07-2025
- Business
- Zawya
Jordan: Cabinet introduces new rules for granting citizenship through investment
AMMAN — The Cabinet on Wednesday approved a new set of regulations aimed at attracting foreign investment by offering Jordanian citizenship or residency for meeting specific investment criteria. The decision, made during a Cabinet session chaired by Prime Minister Jafar Hassan, follows recommendations by a special committee on investment facilitation, according to the Jordan news agency, Petra. Under the new rules, foreign investors will be eligible for Jordanian citizenship if they purchase new shares in Jordanian companies worth at least JD1 million, provided the shares are not mortgaged or financed through loans. The shares must be purchased within four months of receiving approval from the Ministry of Investment and traded exclusively through licensed financial brokerage firms. As per the new regulations, investors are prohibited from withdrawing or using any funds from the investment, including trading profits, for a period of three years. Additionally, no more than 20 per cent of the total investment can be concentrated in a single company. Citizenship through new projects Citizenship may also be granted to investors who establish and register new productive-sector projects with a minimum capital of JD700,000 in Amman or JD500,000 outside the capital. The project must create 20 jobs in Amman or 10 jobs elsewhere for Jordanian nationals, verified by the Social Security Corporation (SSC). Under the new rules, investors will receive temporary residency during the initial phase and, once employment targets are met, a temporary Jordanian passport valid for three years will be issued. Full citizenship will be granted after three years of verified compliance with investment and employment conditions. Investors may also qualify by acquiring new shares in existing projects worth JD1 million or more, provided at least JD500,000 is invested in fixed and non-current assets. The project must create 20 new jobs for Jordanians, and the investor must retain the shares for at least three years before citizenship is recommended. The Cabinet also decided that current investors may be eligible for citizenship if they hold shares in projects with an average value of JD700,000 in fixed and tangible assets over the last three years, and if they have maintained 90 per cent of required employment levels, averaging 20 Jordanian workers per month during the same period. Outside Amman, the asset threshold drops to JD350,000, with an employment requirement of 10 workers. As per the decision, citizenship may also be extended toan investor's spouse, unmarried, widowed or divorced daughters living under the investor's care, unmarried sons under 24, and dependent parents. For investments exceeding in value JD2 million, sons under 30, their spouses, and children may also receive Jordanian citizenship. Strategic sectors targeted Investors in key sectors, including pharmaceutical warehousing, medical equipment, logistics, and large-scale food storage, are eligible if their company's capital exceeds JD3 million, and they employ 20 Jordanian workers in Amman or 10 workers outside the capital, specifically in pharmacy roles. Investors employing 150 Jordanians in Amman or 100 Jordanians elsewhere, registered with SSC for at least a year, will also be eligible, provided employment continues for two years post-naturalization. In cases where ownership is transferred to first-degree relatives, the new owner may also be granted citizenship, contingent on the original investor's shares being retained for three years. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
