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The conditions for the children to obtain the pension of their deceased father are the following:
– The daughter must not be married, the son has not reached the age of twenty-one and the following cases are excluded from this condition:
– Inability to earn due to the new pension law
– The new Pensions Law granted the student with a stage of education that does not go beyond the stage of obtaining the bachelor’s or baccalaureate or its equivalent, provided that he is not older than twenty-six years and has not entered a job or has not exercised a profession, the right to a pension.
– Those who obtained a final grade not higher than the stage referred to in the previous paragraph and did not join a job or did not exercise a profession and had not reached the age of twenty-six for undergraduate or baccalaureate, and twenty-four for those with lower grades.
The new Social Security and Pensions Law aims to be based on the philosophy of specific benefits within which the benefits owed to those contemplated in the provisions of the law are determined, using the partial financing method for old-age, disability insurance and death, and merge the social security laws into a single social security and pension law, and in accordance with the relevant constitutional texts in the Egyptian constitution.
The new Pensions Law also takes into account the solid principles of insurance when estimating the periods eligible for the right to a pension and the rules for liquidating insurance benefits, developing the minimum to combine pensions and salaries to be equal to the minimum pension on a regular basis, and establish rules that cover the entire salary of the worker in its minimum and maximum limits, and establishing an independent social welfare fund for pensioners that is self-financed and managed independently, and that establishes rules that allow achieving a greater effectiveness in guaranteeing unemployment and taking into account the adequate value of the compensation due.
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