AMMAN — The Lower House on Wednesday referred the 2026 amendments to the Social Security Law to its Labour Committee for examination.

 

The House Speaker, Mazen Qadi, said that the Chamber would handle the law with the “highest degree of national responsibility and seriousness, free from haste or emotional reactions.”

 

“The law is not merely a legal text. It is legislation directly tied to social security and economic stability, affecting all segments of society. We will place this law under close care and thorough study, objectively, and in a manner that guarantees the achievement of the nation’s highest interest.”

 

The speaker said that the House will conduct a broad national dialogue over the law, listening to all perspectives without exception, including labour and professional unions, political parties, civil society institutions, economists, experts, chambers of commerce and industry, and employers.

 

“We will ensure all opinions are heard, examined in depth, and discussed responsibly, producing a project that reflects its importance,” Qadi said.

 

MPs also stressed that the Social Security Law is not merely financial legislation but a “cornerstone” of national stability and social peace, linking citizens’ contributions to their long-term benefits while holding the state accountable for transparent and sustainable fund management.

 

Several lawmakers voiced objections to the amendments the government had referred to the House, particularly the proposed 4 per cent deduction on contributions, which they said would impose an excessive burden on contributors.

 

MPs called for a cap of 2 per cent annually, stressing that any changes must preserve existing benefits and retirees’ pensions.

 

Lawmakers also highlighted the need for bonuses, allowances, and other payments to fall under the Social Security framework, preventing gaps in coverage and ensuring fair treatment for all contributors, including voluntary participants abroad.

 

MPs also stressed transparent and accountable management of Social Security funds, warning against high-risk investments or overreliance on government bonds beyond international norms.

 

They also reiterated the importance of independent, periodic actuarial studies every three years to guide amendments that ensure equity, sustainability, and intergenerational justice.

 

They also emphasised the need for broad consultation and national consensus, highlighting that any reform must be fair, transparent, and sustainable while protecting the rights of all contributors.

 

Also on Wednesday, the Lower House approved the 2025 Insurance Contracts Draft Law, which consists of 101 articles.

 

The government said that the law is Jordan’s first standalone legislation exclusively dedicated to regulating insurance contracts, adding that it consolidates all civil code provisions related to insurance into a single framework, covering land, marine, fire, life, motor, personal, property, medical, and reinsurance contracts.

 

The government also said the law is expected to boost confidence in Jordan’s insurance sector, ensure equitable compensation, prevent abusive clauses, and support investment through a modern, transparent legal framework.