Tag Archives: Mathematical Equations

Mathematical Equations for Calculating Ordinary Obligatory Old Age Pension Pursuant to the Effective Jordanian Social Security Law (Published)

This paper aims to create mathematical equations for the calculation of age pension. Therefore, it discusses the legal conditions provided by the Jordanian legislator for the entitlement of age pension, which are related to the insured person who reached a specific age for either male or female separately. It illustrates the legal conditions for the insured who did not complete such periods and at the same time reached the age of pension. Further, it examines the legal conditions for the continuous coverage of the insured by the social security after his/her completion of age pension requirementsThis paper aims to create mathematical equations for the calculation of age pension. Therefore, it discusses the legal conditions provided by the Jordanian legislator for the entitlement of age pension, which are related to the insured person who reached a specific age for either male or female separately. It illustrates the legal conditions for the insured who did not complete such periods and at the same time reached the age of pension. Further, it examines the legal conditions for the continuous coverage of the insured by the social security after his/her completion of age pension requirements

Keywords: Calculation, Mathematical Equations, Old Age Pension, Social Security Law

Mathematical Equations for Calculating a Worker’s Benefits under Work Injuries Insurance Compensation and Pensions according To the Jordanian Social Security Law (Published)

This research deals with the worker’s rights in insurance pensions and compensation for work injuries according to the Jordanian Social Security Law.  In this research, we discuss the benefits of the heirs in the event of a worker’s death resulting from a work injury as well as the rights of the worker when he is exposed to total permanent disability resulting from a work injury, and his rights or benefits entitled due to his permanent partial disability arising from the injury of his work. Also, we show the rules governing the payment of frequent injury disability compensation and pensions. All of the above benefits have been calculated through mathematical equations based on the Jordanian Social Security Law No. 1 of 2014 and the insurance regulations issued thereunder

Keywords: Insurance Compensation, Jordanian Social Security Law, Mathematical Equations, Pensions According, Work Injuries, Worker’s Benefits