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

Relationship Between the Social Security Investment Board and Social Security Corporation Board

The applicable Social Security Law establishes a clear institutional framework governing the management and investment of the Social Security Corporation’s funds. It defines a structured distribution of roles and responsibilities between the Corporation’s Board of Directors and the Investment Board of the Social Security Investment Fund (SSIF), ensuring a clear separation between policy-setting and implementation oversight.

The Board of Directors of the Social Security Corporation is responsible for setting the overall investment direction. This includes approving general investment policies, defining investment objectives, establishing the governing principles, standards, and regulatory parameters, as well as approving the Fund’s overall investment plan and annual budget. The Board operates through specialized committees that exercise supervisory and oversight functions over the Corporation and the Fund.

In parallel, the Investment Board of SSIF is entrusted with managing the investment function. It is responsible for formulating the investment policy and the overall investment plan and submitting them to the Board of Directors for approval, as well as overseeing their implementation. The Investment Board also develops the necessary plans and programs to execute the approved strategy and takes investment decisions within the established governance framework. It is supported by specialized committees that enhance decision-making efficiency and risk management.

The Fund operates within a multi-layered oversight framework that includes internal audit, external audit, and oversight by the Audit Bureau, in addition to institutional supervision exercised by the Board of Directors and its committees, as well as the Investment Board and its respective committees.

The Fund also submits quarterly reports to the Board of Directors of the Social Security Corporation covering its performance, financial results, and investment activities. These reports are subsequently submitted to the Council of Ministers and both Houses of Parliament, in accordance with the requirements of the applicable Social Security Law

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