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The Media Center of the Council of Ministers denied reports about raising the retirement age of workers in the state’s administrative apparatus to 65 during the current fiscal year.
The Press Center of the Council of Ministers stated, in the clarifying report of the events, issued on Friday, that it contacted the Ministry of Social Solidarity, which denied the news, confirming that it is not correct to raise the retirement age of workers in the state administrative apparatus to 65 years during this fiscal year, explaining that the legal age to leave the pension is 60 years, according to the new Social Security and Pensions Law, provided that the retirement age is unified at 65, as of July 2040, for workers in the State’s administrative apparatus and workers abroad, with the objective of equality with employers and irregular workers, and unifying insurance benefits for all. .
In the same context, the new law developed a plan to gradually increase the pension age to address the fiscal deficit in the pension system and reduce the burden on the public treasury, so that its effective implementation will begin in 2032 by raising the pension age. pension at 61 years, 62 years in July 2034 and 63 years in July 2036. And 64 in July 2038, up to 65 in July 2040.
The law also lowered social security tax rates, to encourage employers to insure workers, while preserving benefits found in previous social security laws. The law stipulated 15 years for an insurance contribution for the right to a pension instead of 10, and 25 years for “anticipation”.
We call on all media and social media users to be accurate and objective in publishing news, and to communicate with the competent authorities to make sure before publishing information that is not based on any fact and that creates confusion. among citizens.
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The situation in Egypt
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Injuries
106,060
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Recovered
98,624
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Mortality
6,166
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