Many pensioners in Egypt are awaiting the date of disbursing their January pensions for the year 2025, after the announcement of raising the minimum pension and the maximum insurance subscription by the National Social Insurance Authority. These amendments will be implemented starting January 1, 2025, and will include all categories whose service ends as of this date, indicating a noticeable change in pension values in the coming period.
The date for disbursing pensions is January 2025
The National Social Insurance Authority will begin disbursing January 2025 pensions as of January 1, 2026. Disbursement will be available through all postal outlets and ATMs spread throughout the country. This timing is the specified date for starting to receive pensions according to the new rules announced by the Authority.
Major General Gamal Awad, Chairman of the Board of Directors of the National Social Insurance Authority, announced raising the minimum insurance subscription wage to 2,300 pounds instead of 2,000 pounds. This amendment will be implemented starting next January 1. This decision reflects the government’s commitment to implementing policies aimed at improving the living conditions of pensioners by increasing the insurance subscription fee over the coming years.
Raising the maximum insurance subscription
In addition to raising the minimum, the maximum insurance contribution wage was also raised to 14,500 pounds, instead of 12,600 pounds. This contributes to a significant increase in pensions for those who have a contribution wage higher than previous rates. This change aims to ensure that the largest number of citizens working in the insurance system benefits, reflecting the growth in wages in the country and the increased contribution of individuals to the system.
Beneficiaries of the new pension increase in 2025
As a result of this increase, the amendment will include raising the minimum pension to 1,495 pounds instead of 1,300 pounds. The maximum pension will also reach 11,600 pounds instead of 10,080 pounds. This change will include all pensioners whose service ends as of January 1, 2025, which will positively affect the value of the pensions they receive monthly, ensuring an improved standard of life for beneficiaries.
The basis for adjusting the minimum and maximum pensions
This decision came within the framework of implementing the aspects of reforming the social insurance system, and implementing the provisions of the Social Insurance and Pensions Law promulgated by Law No. 148 of 2019. This law includes an annual mechanism to increase the minimum and maximum limits for insurance subscription, and aims to improve the values of pensions due to the insured upon the end of their service and entitlement to the pension. . This allows citizens to benefit from a more sustainable insurance system and enhances pension values in the future.
In 2024, the minimum pension was 1,300 pounds, while the maximum was 10,080 pounds. But in 2025, the minimum will become 1,495 pounds, while the maximum will rise to 11,600 pounds. This increase indicates the state’s continued interest in improving the living conditions of pensioners and increasing the financial support provided to them through the insurance system.
