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This is how the salary of an early security retiree can be increased

Amman Today

publish date 2023-06-06 17:48:43

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Social insurance expert, Mousa Al-Subaihi, explained how to increase the retirement pension for early insurance retirees.

Al-Subaihi said on his Facebook page that returning to the labor market and subscribing to social security again after informing the Social Security Corporation of this to deal with the pension according to the law.

This is either by suspending the entire early retirement salary if the conditions for combining the early retirement salary with the wage from the work covered by the guarantee do not apply to it, or by the retiree taking part of your early salary in addition to the new wage covered by the guarantee.

Al-Subaihi indicated that the return of the early retirement salary holder to work while he is still under the age of sixty for males and under the age of fifty-five for females is the best opportunity and the best option to improve the salary, as the subsequent subscription period is added to the subscription period prior to his early retirement and he receives the new retirement salary, and in most cases More generally, the pension salary increases, especially if the return to work is at a better wage, and he continues to do so for the longest possible period, i.e. until the completion of the age of sixty for a male or the age of fifty-five for a female.

He stressed that this is the only and best way to increase the early retirement salary, and it may increase the effectiveness of amending Table No. (7) attached to the Security Law by expanding the salary limits and the percentages of combining the early retirement salary with the one free from work when the early salary owner returns to work again, and this amendment stipulated The law requires only a decision of the Council of Ministers.

He pointed out that hardly a day goes by without a question from an insurance pensioner who received an early retirement salary, especially from those with low salaries, and who is still under the age of sixty, about how he can improve his early retirement salary.

Warning against early retirement

Al-Subaihi had previously warned that there are negative consequences and effects of early retirement on the retiree himself, indicating that the returns on investment in the insurance will not be sufficient for the sustainability of the insurance system, in the event of the demand for early retirement.

According to Al-Subaihi, the percentage of those on the verge of early retirement is about half of the total cumulative number of insurance retirees, or about 49 of the total insurance retirees, indicating that there are 9 types of pensions.

He pointed out that more than 150,000 people fall under the umbrella of early retirement, indicating that a large part of them are from the public sector.

He said that the retirement age has been raised for all those who will participate for the first time after the law comes into force in 2019.

Al-Subaihi stressed the need for early retirement not to be compulsory, either directly or indirectly, for the insured, suggesting an increase in the early retirement rate in Jordan during the coming period.

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Jordan News

Source : اخبار الاردن

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