Egypt raises minimum, maximum pensions starting January

Updated 12/17/2023 12:36:00 PM
Egypt raises minimum, maximum pensions starting January

Arab Finance: The Egyptian government has decided to increase the minimum pension to EGP 1,300 from EGP 1,105 and the maximum pension to EGP 10,080 from EGP 8,720 as of January 2024, Chairman of the National Authority for Social Insurance Gamal Awad said.

Furthermore, the minimum social insurance subscription wage will increase to EGP 2,000 from EGP 1,700, with a maximum limit of EGP 12,600 instead of EGP 10,900 starting January 2024, Awad noted.

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