Result achieved
Linked projects
- JOR/20/01/EUR - Towards an inclusive national social protection system and accelerating decent job opportunities for Syrians and vulnerable Jordanians
- JOR/20/05/JOR - Technical advisory services for strengthening, extension and reform of social security programmes in Jordan, including the Tenth Actuarial Review of the Social Security Corporation
Outcome summary
In September 2022, the tripartite board of the Social Security Corporation adopted the results of 10th Actuarial valuation of the Social Security Corporation, including recommendations to enhance the sustainability of the social security system for the ...Outcome achieved
In September 2022, the tripartite board of the Social Security Corporation adopted the results of 10th Actuarial valuation of the Social Security Corporation, including recommendations to enhance the sustainability of the social security system for the private sector and enhance its alignment with international social security standards. In commissioning and adopting the results of the actuarial valuation, the SSC board has implemented the legal requirement contained in Law No. 1 of 2014 on Social Security to ensure the regular monitoring of the financial sustainability of the social security system and the consideration of policy measures to ensure its long-term financial sustainability.ILO's contribution to the outcome
With the support of the European Union and the Government of Jordan, in 2023, the ILO supported the Social Security Corporation with technical assistance to undertake an actuarial valuation and build its capacities including on the ILO actuarial model.SDG
Goals
- End poverty in all its forms everywhere
- Ensure healthy lives and promote well-being for all at all ages