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المصري اليوم
Sisi approves new pensions law with 7% annual increase from July
President Abdel Fattah El-Sisi has issued a law amending the Social Insurance and Pensions Law, which stipulates a gradual annual increase of 6.4% in the contribution rate of the National Social Insurance Authority starting from July 2026, reaching 7% by July 2029. The law also includes an allocation of one billion Egyptian pounds annually for five years to support the resources of the Social Insurance Fund, along with a commitment from the Treasury to pay the contributions over a 50-year period to ensure the sustainability of the system and to secure the rights of beneficiaries in the future.
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