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The National Social Insurance Authority has commenced disbursing July pensions through ATMs, banks, and post offices, with an annual pension increase starting from July 1st. This increase is based on the amendment to the Social Insurance and Pensions Law approved by President Abdel Fattah El Sisi. The last increase was in January, following the raising of the minimum pension contribution salary from 2,300 to 2,700 Egyptian pounds, and the maximum from 14,500 to 16,700 Egyptian pounds. The aim is to facilitate payment processes and provide electronic channels to reduce crowding.
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