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Al-Esteema: No System Crisis, Only Challenges
Lieutenant General Gamal Awad, Chairman of the National Social Insurance Authority, confirmed that claims of a "pension system crisis" are inaccurate. He stated that the system faces some challenges, which are being addressed effectively. He explained that the Authority successfully disbursed pensions before Eid al-Adha and that the annual increase was regularly implemented in July 2026, indicating that the new system is functioning efficiently for pensioners. He also highlighted that the digital transformation project has enabled the integration of the two funds and the creation of a unified database, which simplifies procedures, enhances financial inclusion, and allows for more precise monitoring of operations.
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