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المصري اليوم
New pension minimum increase announced
The head of the National Authority for Social Insurance announced that the minimum pension will be increased to 2,080 Egyptian pounds starting from next January, benefiting approximately 380,000 retirees out of the total pensioners. This adjustment follows the calculation of the pension based on a contribution period of at least 15 years and the payment of contributions calculated on the basis of the minimum pensionable wage of 2,700 pounds. This decision reflects an effort to strengthen social protection for citizens by raising the minimum pensions, which are determined based on the insured salary and the duration of contribution.
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