Senate recommends raising pension age to 63

AMMAN — The Senate Finance Committee called for a revision of the Social Security Act to gradually raise the pension age to 63 years, reduce the benefits factor to two percent instead of 25 percent, shorten early retirement in hazardous occupations, as well as to complete actuarial studies to ensure business steadiness.اضافة اعلان

Regarding the Social Security Investment Fund, the committee’s recommendations included prioritizing the fund for partnership projects, and to expand and follow-up on its investments, in addition to granting the fund the flexibility to play a leading role as industrial investor on the Amman stock exchange and “market maker”, according to Amman Net.

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