Nighttime pensions and grants total 190T
The article pertains to the current situation of the National Pension Fund in Algeria. The fund's director pointed out that the number of retirees exceeds 3.6 million, with annual expenses surpassing 1,900 billion Algerian dinars. He confirmed that the financial standing of the fund has improved thanks to increased contributions and diversification of resources, including additional income from various fees, along with the digitization of services and efforts to combat fraud and forgery. He also mentioned ongoing efforts to simplify retirement procedures, noting that processing and settling a file takes approximately 30 days, with measures being taken to enhance the sustainability of the system through new agreements and improved service quality. Emphasis was placed on updating databases and coordinating with relevant authorities to combat forgery and recover cases of unverified employment, as well as supporting the Algerian diaspora abroad through a voluntary affiliation system.
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