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Amman, Aug. 26 (Petra) – The Senate’s Labor and Social Development
Committee met with the Social Security Corporation (SSC) to review
the corporation’s quarterly financial reports for the first and
second quarters of 2026.
Presenting the first-quarter indicators, SSC Director General Hazim
Rahahleh stated that total insurance revenues rose 3.16 percent
year-over-year to JD633.2 million. Insurance expenditures increased
10.96 percent to JD562.2 million, with pensions accounting for
JD538.5 million, resulting in an insurance contribution surplus of
JD63 million. Administrative expenses declined 26.87 percent to JD8
million.
On investment, total assets managed by the Social Security Investment
Fund (SSIF) grew 2.8 percent during the first quarter to reach
JD19.171 billion by the end of March 2026.
Comprehensive income reached JD486 million, driven by investment
income and portfolio revaluations. The annualized return on assets
stood at 5.8 percent, or a real return of 4.42 percent after
adjusting for inflation.
Assets were primarily distributed across bonds with 56.7 percent,
equities with 20.7 percent, money market instruments with 10.5
percent, and real estate with 6 percent.
Senators stated the value of enhancing investment efficiency and
recommended incorporating specific key performance indicators (KPIs)
in future reports to strengthen parliamentary oversight and ensure
the long-term financial sustainability of the fund.
Committee Chair Issa Murad noted that the quarterly review is a
statutory requirement under the Social Security Law, providing the
Senate with a regular framework to monitor the SSC’s performance,
financial position, and investment portfolios.
//Petra// HA