Social Protection

Building social protection floors
and comprehensive social security systems

Result achieved

Linked projects

Outcome summary

Actuarial Review of the Social Security Corporation (SSC) finalized

Outcome achieved

1) The Eighth Actuarial Review of the Social Security Corporation (SSC) finalized in June 2015 and accepted by the SSC end of 2015. The actuarial valuation also seeks to provide and assessment with a view to the strengthening of the social security programmes in Jordan. 2) An investment study for the investment operations and performance of the SSC Funds finalized in June 2015 and accepted by the SSC end of 2015.

ILO's contribution to the outcome

1) The ILO in collaboration with the Social Security Corporation (SSC) of Jordan carried out the 8th actuarial review of the SSC. The actuarial valuation of the SSC Retirement System included separate and collective valuations for: (a) early and old-age retirement, death, temporary and permanent disability benefits (separate valuations for each benefit type and collectively), (b) work injury benefits, (c) temporary unemployment benefits and (d) maternity-leave benefits. The ILO carried out in addition the update of the study on “Extending Health Care and Social Insurance in Jordan”, which was submitted to tripartite stakeholders for discussion and adoption in June 2015, and which should serve as the guiding document for the extension of health care coverage to all in Jordan. 2) The ILO carried out an investment study for the investment operations and performance of the SSC Funds, which included an assessment of the performance of the SSC Funds and provides recommendations for improved performance and sustainability of the Funds.

٢٠١٥ JOR105 Employment services , Family benefits , Health care , Income security , Employment policy , Social health protection , Children , Disability , Actuarial valuation , Maternity , Employment injury , Old-age , Model , Sickness , Survivors , Unemployment , Projections