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Al-Tarawneh addresses from Zamoun security to structural issues

Al-Tarawneh addresses from Zamoun security to structural issues

The former Director General of the Social Security Corporation, Dr. Mohammed Al-Tarawneh, sparked widespread controversy with his recent remarks warning of actuarial imbalances and political dominance over the corporation's decisions. This stands in contrast to his previous statements during his tenure, which assured that the financial situation was stable until 2060. Al-Tarawneh had previously emphasized that revenues and expenses were balanced, and that the pension bill remained within acceptable limits, with the possibility of extending sustainability through reforms. However, since his departure, he has stated that the social security system is actuarially unbalanced and that current contribution rates are insufficient to cover future obligations, thereby widening the gap between revenues and commitments and threatening the system's sustainability. This raises questions about the accuracy of the earlier data and whether these imbalances emerged after he left office or were present all along but not known to the public.

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