Al-Burlasi Requests Parliament Probe on Pension Crisis

Member of Parliament Ahmed Bilal El-Balalisi has submitted a request to form a parliamentary fact-finding committee to investigate the crisis of the new social insurance system "CRM," which has caused the disruption of the interests of millions of insured individuals and retirees in Egypt. He pointed out that the new system cost 1.4 billion Egyptian pounds and has faced operational crises despite significant investments, threatening economic and social security. He called for transparency regarding the details of the contract and system management, and for holding those responsible accountable for any negligence.

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