AMMAN, Oct. 17 (Petra) – The Social Security Corporation (SSC) on
Saturday called on indebted business entities to take advantage of
its Board of Directors’ decision reducing installment interest rates
on outstanding arrears before the December 31 deadline.

In a press statement issued by its media center, the SSC clarified
that the relief framework offers tiered interest reductions linked
directly to the down payment percentage made by the indebted firm:

– 25% Down Payment: Complete waiver of installment interest (0
percent rate).

– 20% Down Payment: Interest rate reduced to 1 percent.

– 15% Down Payment: Interest rate reduced to 2 percent.

The SSC emphasized that these installment relief measures aim to
support the business sector, accommodate prevailing economic
conditions, and enable companies to regularize their legal and
financial status while simultaneously safeguarding workers’ social
insurance rights.

The Corporation urged indebted firms to visit its branches or engage
through its official digital channels to inquire about eligibility
mechanisms and initiate settlement procedures before the grace period
expires at the end of the year.

//Petra// AA