July 2023 Pension Disbursement in Egypt: Updates, Increases, and Process

2023-06-26 09:02:35

The various exchange outlets spread throughout the governorates of the Arab Republic of Egypt began disbursing more than 1,300 pounds to pensioners today, Monday, June 26, before the start of the blessed Eid al-Adha holiday.

The exchange outlets confirmed that they had received pensioners, specifically the second tranche, which includes 2,500,000 payers and beneficiaries for the payment of pensions for the month of July 2023, following the presidential directives announced by President Sisi, according to which the date of exchange was advanced due to Eid al-Adha.

For its part, the government, represented by the Ministry of Social Solidarity, confirmed that the second tranche includes all pensioners who receive more than 1,300 pounds and less than 2,300 pounds, noting that the disbursement will begin for the third and final tranche, which includes one million and 700,000 beneficiaries, following the completion of the disbursement. for this chip.

July pensions 20231:

The Ministry of Solidarity stated that the third tranche includes those who receive more than 2,300 pounds per month from the state’s general treasury, as it is estimated that the dues of pensioners are disbursed on a monthly basis, regarding 28 billion Egyptian pounds.

The Ministry announced the formation of an operations room to follow up the progress of the pension disbursement process, in addition to field committees to assist more than 10 million and 500 thousand payers and beneficiaries in facilitating the process of obtaining their monthly dues and limiting the occurrence of any accumulation or crowding around the exchange outlets while following up on the application and rule of social divergence to maintain for their safety.

annuities

July pension increase 15%:

The dues for the current month include the annual increase that was supposed to start disbursing this month, but President Abdel Fattah El-Sisi issued a directive earlier to pay it starting from last April, due to the global economic crisis and the rise in prices in many countries, including Egypt, as a result of the war. Russia over Ukraine.

The Social Insurance Authority, headed by Major General Gamal Awad, confirmed that the new increase ranges from 175 Egyptian pounds to 1630 Egyptian pounds, and is disbursed to all pensioners without any exception.

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