Paying 7 million and 700 thousand pounds for dues for"92" A state of prosecution and courts
Karim Abdel -Baqi, head of the General Syndicate of Public Prosecutors and Courts, and Chairman of the Board of Directors of the Special Insurance Fund for workers in judicial bodies and assisting bodies, said that it was decided to pay the financial dues to 92 cases of employees of the fund members of 7 million and 700 thousand pounds, by the decision of the Board of Directors in his first meeting after his election on the fourteenth of May this year, after completing all data related to the cases due to exchange, provided that they start The exchange operations Monday, May 27, via the bank transfers of the Bank of Egypt. We aim to achieve advantages for the masters working in the prosecutors and courts through a package of services, noting the importance of the nature of the work of the fund, which relies on providing financial support to workers in the judicial bodies upon retirement or in cases of deficit or death, where specific amounts are disbursed to the members when the retirement age, and the legal heirs in the event of death, as well as in the case of infection with a permanent complete disability that prevents the member from working. The philosophy of the Fund’s work is based on consolidating the principle of social solidarity, through a system of collective subscriptions and joint benefits that enable workers to support each other financially in post -retirement periods or during emergency conditions. It is possible, in a way that enhances the value of the benefits granted, and reflects the role of the fund as a social and economic safety network that guarantees financial stability for members and their families. This framework is great developments in recent years, with the aim of enhancing transparency, governance and protecting the rights of members.
One of the most prominent achievements of the fund recently, raising the value of the insurance advantage to reach two and a half months for each year a subscription calculated on the basic 2015, and ending the waiting lists to disburse the dues, as well as launching a website to provide services and improve communication with members, and these developments coincided with significant growth in the size of the fund’s assets, As a result of following active and varied investment policies that have achieved positive returns.
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