The Employees  Provident Fund Organisation (EPFO), under the Ministry of Labour & Employment, Government of India provides social security benefits to its members in terms of provident fund and old age pensions under the Employees' Provident Funds & Miscellaneous Provisions Act, 1952 (referred to as the Act hereafter), enacted by the Parliament of India, which extends to the whole of India except the state of Jammu and Kashmir.

The Social Security Corporation (SSC) launched an Excellence Award for Occupational Safety and Health in the year 2011 for the firms that comply with the occupational health and safety standards. This initiative included an award for individuals to encourage them to provide new ideas and contribute to raising awareness regarding occupational health and safety standards in the work place, and to decrease the probability of work accidents.

At its essence, becoming "performance-driven" is about motivating the entire work force -- including all employees, partners, suppliers, agents, and others inside and outside the organization; to work collectively to execute the strategy of the organization.

The aim of this practice is to effectively correlate corporate objectives with individuals' activities and tie employees 19 compensation to their achievement of specified targets which will be reflected in employees 19 appraisals.

The Public Authority for Social Insurance (PASI) board of directors have decided to develop and implement a Business Continuity Management System (BCMS) to help provide efficient and reliable social insurance and protection services, and to achieve its objectives through:
 

In order to achieve good corporate governance, the Risk Management Department developed an excel model for Risk Rating and Grading of the PASI investment portfolio for more effective risk management:
 

1. Design Risk Measurement Models:

Data is collected from PASI investments on a monthly basis to calculate the Yearly Volatility and Return.
 

2. Capital Asset Pricing Model (CAPM)

Calculation of Beta, Expected Return and Drift Rate.
 

The Social Security Corporation (SSC) has started to assess the work place according to the occupational health and safety standards since January, 2014. This initiative is based on the legislative reform that took place in the Social Security Law number (1) for the year 2014. This assessment also stems from the increase in the numbers of work place accidents and occupational diseases that have occurred. Therefore, the main objective of this initiative is to enhance the culture of occupational health and safety standards in the work place.

The Public Authority for Social Insurance (PASI) has been responsible for developing internal policies and procedures to facilitate customers' access to the deliverables set by the Social Insurance Law.

PASI's goal is to ensure that all policies and procedures are made available to all staff and that they are written in such a way as to clearly specify the policies and procedures for any given matter.

In its efforts to enhance and facilitate the services and operations, the Social Security Corporation (SSC) has introduced a new electronic collection tool. This channel of collection is based on depositing and transferring the accrued contributions from covered establishments and voluntary contributors. This initiative is currently available through the SSC website (www.ssc.gov.jo) and is called eFAWATEERcom.