AMMAN — Since the introduction of the unemployment insurance system in September 2011, around 82,000 Social Security Corporation (SSC) subscribers have benefited from the service, at a total value of JD70 million.
SSC Spokesperson Musa Sbeihi on Saturday said that the insurance helps those covered maintain their living standards until they find employment, and for a maximum period of six months, according to a statement carried by the Jordan News Agency, Petra.
He added that the unemployment insurance guarantees that subscribers remain under the SSC umbrella for the allocated period of one to six months, in addition to providing the job market with the chance to readjust and restructure so that it can better accommodate human resources within different sectors.
Sbeihi pointed that 20,000 subscribers have benefited from the insurance service, in 2018, at a total value of JD24 million.
To benefit from the unemployment insurance, one must be an SSC subscriber for a minimum of 36 months and have been covered by the insurance during his or her final month of employment at a private sector institution.
During the first month of coverage, beneficiaries are allocated 75 per cent of their last salary, 65 per cent in the second, 55 in the third and 45 per cent in the fourth, fifth and sixth salaries. The monthly allocation is capped at JD555.