Home » News » The official date for salary and pension increases following the government’s announcements regarding social protection programs

The official date for salary and pension increases following the government’s announcements regarding social protection programs

Millions of workers and pensioners are looking for… New salary and pension increase date after the Prime Minister’s statements at the government conference yesterday, after the weekly meeting of the Council of Ministers.

Download social protection programs

Prof. said. Mostafa Madbouly, the Prime Minister, that the government is studying mechanisms forDownload social protection programsIn the period ahead, he said: “Recently, we have been taking steps to increase salaries and pensions. “

The date for the new pension increase is 2024

Date of increase of wages and pensions

In terms of salary increases, the government applies Salary increase Every year at the beginning of the new fiscal year, since Article 37 of the Civil Service Law mandates that a bonus be paid from time to time to employees who work under the Civil Service Law in the month of July every year improving the income of employees in the state administration apparatus and the public business sector.

Article 37 of the Civil Service Law sets the controls for the annual bonus from time to time, stating that the employee is entitled to this bonus on the first day of July from after the expiry of one year from the date of his taking office or from the date of his entitlement. the previous quarterly bonus of 7% of the labor salary, while it will be reconsidered In this percentage regularly, 10% is for those who do not deal with the law.

Next employee bonus date

After the approval of the House of Representatives last February, the draft law specified the acceleration of the due date for bonuses from time to time, giving a special bonus to those not covered by the Civil Service Law, and increasing additional incentives for state employees, as an exception to the provisions of Article (37) of the Civil Service Law published by law No. be at the rate of (10%) of the working salary for each of them on February 29, 2024, with a minimum of 150 pounds per month This bonus will be considered as part of the employee’s working salary on 3/1/2024 , without prejudice to the entitlement to an annual quarterly bonus established according to the text of Article (37) referred to, dated July 1, 2025. (Article a Two) The date on which the bonus is due from time to time due to state employees who are not subject to the provisions of the Civil Service Law will be announced soon, to be March 1, 2024, and from this date, these employees will receive a special bonus of (15%) of the basic salary. for each of them on 2/29/2024 or on the date for those appointed after this date, with a minimum of 150 pounds per month, the consider this benefit as part of the employee’s basic salary, and it will be added as of 3/1/2024.

Date of pension enhancement

Within the salary and pension increase deadline, more than 11 million citizens are looking for pensions The date of the new pension increase Especially after the approval of a 5% bonus for employees of the administrative apparatus who are eligible for an increase last July, since the last increase in pensions, from the first of March last year, was 15%.

Date of increase of wages and pensions

The date for the new pension increase is 2024

Major General Gamal Awad, Chairman of the Board of Directors of the National Social Insurance Authority, said: Pensions It is paid on the first day of each month, and the pension increase is decided every year in the month of July, if not earlier.

Awad, during television reports, said that the economic conditions caused by the Russia-Ukraine war and the impact of inflation on President Abdel Fattah El-Sisi made the date for this year’s pension increase a brought forward to March instead of July, so the new pension increase for 2024 was approved last March.

11 million citizens

The Chairman of the Board of Directors of the National Social Insurance Authority continued: 15% Pension Increase Date It was paid out in March 2024, and it cost the state about 66 billion pounds, and about 11 million citizens benefited from it, noting that President Sisi between -coming from time to time to provide additional support packages to pensioners, such as providing a lump sum of £300 in October 2023.

He confirmed that the Authority continues its efforts to improve the services provided to citizens and reduce their suffering, stressing that the achievements are equal to turn in the field of social insurance.

Date of pension enhancement

For those who are looking for a date for salary and pension increases, according to the Insurance and Pensions Law, there will be no increase in pensions this year, after the Minister of Social Solidarity announced before the parliamentary committee to study the program of the new government at the beginning of its work, allowing an annual increase in pensions that does not exceed 15%.

Dr. Maya Morsi, Minister of Social Solidarity, announced an increase in pensions of no more than 15% when her program was before the House of Representatives, while this increase will occur in July every year , if no decision is made. was given earlier, explaining that this year’s increase could happen. It was paid out in March last year.

Officially…the date for the new pension increase after the government agreed to a 5% increase for workers

15% pension increase

Regarding the pension increase date, among the millions of people looking for the salary and pension increase date, Article 35 of the Pensions Law states that “the pensions due on 30 June every year increases, starting from the first of July. , at the rate of inflation, with a maximum rate of increase (15%), and no The value of the increase in the pension is higher than the percentage of the increase that is due to the monthly salary the highest portion on 30 June each year, while the Social Insurance Fund carries the percentage of the increase over the portion of the pension for which it is responsible, and that the rest of the value of the increase belongs to the public treasury increase

2024-10-31 04:40:00
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