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Insurance sets minimum pension at 2,080 pounds from January

Insurance sets minimum pension at 2,080 pounds from January

Major General Gamal Awad, head of the National Social Insurance Authority, announced that the minimum pension will become 2,080 Egyptian pounds starting January 2027. The number of beneficiaries of this minimum amount is 380,000 citizens. This step is part of efforts to improve the social protection system in Egypt, including amending the Social Security Law and activating the "Takaful and Karama" program, which aims to support impoverished families and promote sustainability through integrating cash support with training and employment initiatives. The government emphasizes the importance of social protection as a means to ensure a secure economic transition and to provide security for the most vulnerable families.

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