Medical Professions Assembly delays pensions and approves fund investments
The General Assembly of the Medical Professions Union agreed not to increase pensions at this time, in accordance with the recommendations of the actuarial study, in order to maintain the sustainability of the pension fund. It also decided to limit the union's investments to bank deposits and treasury bills, with a maximum of 80%, allowing up to 20% for investment in specialized companies. Regarding the financial situation, the approval of the 2020 and 2021 budgets was rejected. The union approved lifting the judicial supervision from the Pharmacists Syndicate and reaffirmed its responsibility for conducting the Damietta Club contract, which has been in place since 2015. Additionally, the Ministry of Health announced the start of electronically registering applicants for private nursing schools with tuition fees beginning July 27. It also approved eight facilities affiliated with specialized medical centers from GAHAR.
Notice: This Is an AI-Generated Summary
Comments (0)