Jordan: The details about obtaining an advance from the retirees’ pensions, and this is the date of their increase

The Social Security spokesman Mousa Al-Subaihi confirmed that the institution is committed to the increase in the retirees’ salaries according to the inflation rates and wage growth, whichever is lower in May each year and it will announce the rate of increase this year in early May.

In fact, the Social Security Institution allowed the insured elders, who have not reached the necessary period to obtain the pension, to request an advance on the account of their pension to buy the remaining period, in addition to the use of their account of unemployment to buy this period and thus they are enable to get a pension.

In the same context, the number of early retirees who returned to the labour market and were covered by the insurance did not exceed more than (500), although the security law allowed Jordanians with early retirement, who did not reach the age of sixty for males, and fifty-fifth, for the females, to return to the labour market and combine part of their pension and wage from work (between 45% to 85%) of their pension, according to the conditions and procedures stipulated by law.

It is noteworthy that last year, there were 3 956 retirees covered by social insurance, and 10074 early retirees, while 2034 retired due to disability or death.

#Jordan: The details about obtaining an advance from #the retirees’ pensions, and this is the date #of their increase