S S I F

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The Social Security Investment Fund (formerly the Investment Unit) commenced its operations in 2003. It is responsible for managing and investing the funds of the Social Security Corporation with the aim of achieving sound and sustainable returns on invested assets, while preserving the real value of assets and holdings and ensuring adequate liquidity to meet the future obligations of the Social Security Corporation.

Contact Information

  • Email: chief.office@ssif.gov.jo // Ext: 203
  • Shmeisani, at the intersection of Abdel Rahman Irsheidat and Ma'rouf Rasafi Streets, building number (45), behind Prince Hassan Mosque.
  • Sunday – Thursday 8:30 am 15:30 pm

Investment Policy

Reference

The investment philosophy of the Social Security Investment Fund (SSIF) is grounded in its responsibility to manage and invest the assets of the Social Security Corporation through an institutional framework guided by economic indicators, strategic priorities, and the approved general investment policy. This policy is endorsed by the Board of Directors of the Social Security Corporation, while the Investment Board of SSIF oversees its implementation.

Goal

The Fund aims to achieve sustainable and risk-adjusted returns within acceptable risk levels, while preserving and growing the real value of the Corporation’s assets over the long term. It also seeks to maintain adequate liquidity to support promising investment opportunities and meet potential future obligations. In doing so, the Fund adheres to international best practices in pension fund management, enhancing financial sustainability and investment efficiency.

Methodology

The Fund mitigates investment risk through diversification in line with its strategic asset allocation, while also incorporating a national development dimension into its investment policy. This includes investing in economically viable national projects that contribute to economic growth, job creation, and value-added sectors within the Jordanian economy.

Legal reference

In accordance with Article (9/A) of the SSIF and Investment Board Regulation No. (97) of 2014, the Board of Directors of the Social Security Corporation may, upon the recommendation of the Investment Board, approve investments outside the Kingdom, subject to the approval of the Council of Ministers and in accordance with the regulatory framework set by the Board, in coordination with the Central Bank of Jordan.

Investment Policy Pillars

Liquidity

The Fund manages its investments across diversified liquidity levels and varying maturities to avoid concentration risk in maturity profiles. This ensures the availability of sufficient cash flows to meet the Corporation’s obligations as they fall due, based on actuarial studies and Asset-Liability Committee (ALCO) reports, thereby supporting timely and reliable fulfillment of obligations.

Investment Objectives

01
Achieving sustainable growth in investment returns in line with the actuarial studies prepared by the Social Security Corporation every three years and approved by its Board of Directors.
02
Maintaining investment risk within acceptable levels as defined by the investment policy prepared by SSIF and approved by both the Investment Board and the Board of Directors of the Social Security Corporation.
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