1 Day
Source:
صدى البلد
Jamal Awad: Social insurance minimum rises to 3,000 pounds
Major General Gamal Awwad, head of the National Social Insurance Authority, revealed plans to reform the social insurance system in Egypt. The plan includes a gradual increase in the minimum pension value from 250 Egyptian pounds to 3,000 pounds by the end of the new year, along with an increase in the maximum pension to 13,360 pounds. He explained that the system is based on actuarial calculations to ensure sustainability and to achieve fairness among contributors, with annual increases and gradual adjustments to the pensions paid out. Currently, approximately 300,000 subscribers receive high-value pensions monthly.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)