"social welfare": Raising the minimum pension
Major General Gamal Awad, Chairman of the Board of Directors of the National Social Insurance Authority, confirmed that the decline in pension values over the past years is due to the significant decrease in the minimum and maximum insurance subscription limits, which the state is working to address within its plan to expand insurance coverage and improve the conditions of pensioners.
Awad explained that the state is implementing a gradual policy to raise pension values, based on an annual increase in the month of January to move the two minimums. And the maximum insurance subscription wage, pointing out that starting from the first of next January, and with this movement, the minimum and maximum pension will be raised automatically.
He added that the minimum pension for those who will reach retirement age as of January 2026 will rise to 1,800 pounds instead of 1,500 pounds.
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