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2026-10-03T05:57:50.000Z

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Insurance updates Amid Senate Expectations

Insurance updates Amid Senate Expectations

The article focuses on the fate of the amended Social Security Law in Jordan, where it is expected to present a "new outlook" during the upcoming parliamentary session. Experts emphasize the importance of balancing the sustainability of the institution's financial system with the protection of beneficiaries' rights, highlighting the need for fundamental changes that go beyond superficial adjustments. These include reforming early retirement, retirement age, and methods for calculating pension benefits. It is also recommended to clearly manage the institution and enhance transparency through publishing actuarial studies, developing investments, and adjusting eligibility criteria—aimed at strengthening trust and balancing social and financial considerations. The experts indicate that the success of these amendments requires deep consensus and the avoidance of superficial changes that fail to address the core challenges of the system.

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