SSC Takaful to cover children education

SSC
(File Photo: Jordan News)

AMMAN — Shaman Al-Majali, a spokesperson for the Social Security Corporation (SSC), said on Sunday that the proposed amendments in the Social Security bill include creating a Takaful account to cover the education expenses of the children of SSC beneficiaries, according to Al-Mamlaka TV.اضافة اعلان

Majali explained that the account, a form of Islamic insurance plan, will help those who reach the retirement age who did not complete the number of required contributions, and are unable to purchase the remaining period, to buy the plan with help from SSC.

He said the help will be provided according to specific conditions, in a way that will also allow SSC members to benefit from pension plans.

Majali pointed out that the revenues for this account will be JD1 from each insured or retired person, which will be met with “donations and gifts made to this account.”

He explained that the account will “secure educational expenses and bear tuition fees in colleges and universities for a large number of the children of the insured and retired under SSC”.

Majali said the project will also allow SSC’s board, under instructions issued for this purpose, to cover any other expenses aimed at providing protection for retirees and the insured.

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