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المصري اليوم
Social Security Sets New Pension Minimum
Major General Gamal Owaid, Head of the National Authority for Social Insurance, announced that the minimum pension will reach 2,080 Egyptian pounds starting January 2024. Approximately 380,000 citizens benefiting from this amount out of the total pensioners. This minimum amount is linked to completing 15 years of social insurance contributions and paying contributions based on the minimum pension wage of 2,700 pounds. The social insurance system aims to provide insurance coverage based on salary and contribution duration. Raising the minimum pension remains a top priority for the government to strengthen social support for eligible groups.
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