2023-10-31 02:00:00
Written by Medhat Wahba Tuesday, October 31, 2023 04:00 AM Start Ministry of Solidarity Tomorrow, Wednesday, the first of November 2023, the Social Security Authority and the National Social Insurance Authority will implement the decision to disburse the exceptional grant to pensioners and beneficiaries, to become 600 pounds, instead of 300 pounds, and the disbursement will be done retroactively, starting in October 2023.
President Abdel Fattah El-Sisi, President of the Republic, ratified Law No. 172 of 2023 by deciding an increase in the exceptional cost of living allowance for employees subject to the Civil Service Law and state workers not subject to it, and by deciding an increase in the exceptional grant for workers in public sector companies and the public business sector, established under Law No. 166 of the year. 2022 and granting pensioners or those entitled to them an exceptional grant, by amending some provisions of the Social Insurance and Pensions Law promulgated by Law No. 148 of 2019, which was approved by the House of Representatives.
The law stipulates that, “As of October 1, 2023, the exceptional cost of living allowance stipulated in Law No. 166 of 2022 referred to will be increased to 600 pounds per month, provided that it is granted to employees who are subject to the provisions of the Civil Service Law promulgated by Law No. 81 of 2016, and state workers who are not subject to it.” This increase will benefit whoever is appointed from among the employees or workers following the entry into force of this law, and this increase is considered part of the supplementary wages or variable wages for each of them, as the case may be.
This comes at a time when Dr. Nevin Al-Kabbaj, Minister of Social Solidarity, directed to facilitate the procedures for disbursing the pensioners’ grant following doubling it, in implementation of the directives of President Abdel Fattah El-Sisi, President of the Republic, to double the exceptional grant for pensioners and their beneficiaries, to become “600” pounds, instead of “300” pounds. With a total of 11 million citizens.
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