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August pension disbursement methods with new increase
Retired pensioners in Egypt are preparing to receive their August pensions, which will include a new increase of 15%. This step aligns with the state's directives to improve the income of eligible individuals amid rising prices. The National Social Insurance Authority offers multiple channels for payout, including post offices, bank branches, ATMs, e-wallets, and electronic payment outlets, to reduce crowds and facilitate easy access. The increase in July was also 15%, benefiting about 11.5 million people, with the aim of supporting purchasing power and enhancing living standards.
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