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President Abdel Fattah Al-Sisi, President of the Republic, issued Law No. 25 of 2020 to increase the variable salary pension of the special subsidies that were established as of 1-7-2006, and does not include the basic salary on the date of entitlement to the pension and the amendment of some provisions of the Social Security and Pensions Law promulgated by Law No. 148 For the year 2019, as published in the Official Gazette.
The first article included: In addition to the variable salary pension calculated in accordance with the Social Security Law promulgated by Law No. 79 of 1975, expiring on 1-7-2006 for the insured with respect to which special subsidies are prescribed in Laws No. 85 of 2006, 77 of 2007, 114 of 2008 and 128 for the year 2009, 70 for the year 2010, 2 for the year 2011, 82 for the year 2012, 78 for the year 2013, 42 for the year 2014 and 99 for the year 2015) an 80% increase in the value of special allowances that have not yet been included in the basic salary according to the law of your report, or a date has not been set for their inclusion until the date of right to pension AND the law included conditions that must be abundant in this regard.
In addition, the second article of the law “What is said” included: “The text of the articles (1 clause 6 and 35 / first and second paragraphs) of the Social Security and Pensions Law promulgated by Law No. 148 of 2019 will be replaced by the following two texts: “
Article “1 item / 6”: the inflation rate: the relative change in the general index of consumer prices at the Republic level for one year, issued by the Central Agency for Public Mobilization and Statistics, and determined in the month of April of each year, and the rules to determine the relative change in the consumer price index at the Republic level, by decision of the President of the Commission in coordination with the Central Agency for Public Mobilization and Statistics.
Article “35 / First and Second Paragraphs” Pensions that expire on June 30 will increase, as every year, from the beginning of July, at a rate no lower than the rate of inflation, and no more than 15% value of the increase in the pension does not exceed the percentage of increase attributed to the lesser extent For the monthly subscription fee, on June 30 of each year.
And the third article of the law included the replacement of (5.7% ) mentioned in the first paragraph of Article 11 of the Social Security and Pensions Law promulgated by Law No. 148 of 2019 (5.9% ).
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