Khaberni - A number of deputies, based on the provisions of Article (95) of the Constitution of Jordan and Article (75/A) of the internal regulations of the House of Representatives, proposed to amend the provisions of Articles (8), (14), and (106) of Social Security Law number (1) of 2014.
The deputy memorandum, adopted by the leader of the Irada and National Islamic bloc, Deputy Dr. Khamis Hussein Atiyah, stated that the goal of the proposal is to create a new legislative framework that organizes the investment mechanism of the Social Security Fund, keeping pace with economic developments and enhancing the financial and administrative independence of the fund.
The deputies mentioned in the justification that the fund's assets had reached 17.6 billion dinars by the end of July 2025, which necessitates the issuance of a special law to enhance governance and transparency in managing investments, and to grant the fund sufficient flexibility to achieve its future vision.
The memorandum clarified that the proposed amendments aim to:
1. Enhance the investment environment in Jordan and increase its attractiveness as a global investment center.
2. Enable the fund to attract more investments, especially through external partnerships, given its distinguished global reputation.
3. Grant the fund administrative independence and separate its dependence from the government, with the creation of a special human resources system for its employees to maintain competencies and attract expertise.
4. Reorganize the investment council to include specialists from various economic sectors and representatives from regulatory bodies.
5. Enhance the local developmental role of the fund by diversifying economic investments in various sectors.
The deputies requested the presidency to refer the proposal to the relevant committee to proceed with it according to the rules.
