August 2024 pensions, will there be an increase or not? The National Authority has settled a debate about disbursing pensions with a 15% increase in August 2024. The Authority has explained that the Egyptian government always and forever keeps the circumstances of the Egyptian citizen in mind.. and is well aware of the economic suffering he is going through.. whether in the increase in the prices of goods as well as services, and the Egyptian government always raises salaries and increases pensions from time to time.. So what is the truth about disbursing the increase in pensions at the beginning of next August.. Follow us.
August 2024 pensions
In March 2024, President Abdel Fattah El-Sisi approved a 15% increase for pension beneficiaries, and that increase was actually disbursed. However, regarding the increase in pensions at the beginning of August, the National Social Insurance Authority did not officially announce that there was an increase in those pensions, and so we are waiting for another notification to deny or confirm this information.
August 2024 pension payment dates
The National Social Insurance Authority clarified that the dates for disbursing pensions for the month of August 2024 will come on their specified date.. as the authority fixes that date of each month, which is the 1st.. as these dates never change, and pensions can be disbursed at the beginning of the month for a period of 6 days.. through post offices, ATMs, and banks.
Taking into account the official holidays for all these government departments, except for ATMs.. The pensioner can inquire about the value of his pension electronically.. by entering the Social Insurance website.. then creating a personal account for himself, or if he has a previous account, he can verify the value of the pension.. and also the places from which the pension can be withdrawn.
Pension increase in March 2024
We review together the value of the increase that occurred in pensions last March, which came as follows:
- The first tranche has been increased to 1495 pounds.
- The second tranche comes after the increase to become 1725 pounds.
- The third tranche, after applying the increase, became worth 1840 pounds.
- For the fourth segment, the pension value became 2,300 pounds after applying the increase.
- As for the fifth segment, after applying the increase, it reached 2645 pounds.
- The value of the increase in the sixth tranche was 2990 pounds.
- The value of the increase in the seventh tranche after applying the 15% amounted to 3335 pounds.
- The eighth tranche, after applying the increase, was worth 3,680 pounds.
- For the ninth segment, the pension value after the increase became 4025 pounds.
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Source: www.yombyom.com
