Amman, January 23 (Petra) -- The Social Security Corporation (SSC) allocated 7,611 old-age pensions in 2024, bringing the total number of beneficiaries to 105,617 as of the year's end.

In a statement released Thursday, the SSC outlined the eligibility criteria for receiving an old-age pension. Male insured individuals must reach the age of 60, while female insured individuals must reach the age of 55, with a minimum of 180 monthly subscriptions (15 years), of which 84 must be actual contributions. Actual contributions include mandatory subscriptions through an employer, optional subscriptions, or periods covered by unemployment allowances.

The SSC highlighted provisions under the Social Security Law for individuals reaching retirement age without meeting the required subscription period. Options include purchasing the remaining years of service, provided the individual has made at least 84 actual contributions, or continuing contributions beyond the retirement age, either through the same employer, a new employer, or the optional subscription plan available to Jordanians.

Additionally, the SSC emphasized that old-age pensions are directly linked to inflation. Annual adjustments are announced on May 1 each year and disbursed with the May pension payments.

//Petra// AJ

23/01/2025 14:01:11