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Monday, 21 October 2019

Egypt parliamentary committee approves 15% raise in military pensions

Ahram Online , Monday 15 Apr 2019
Views: 2985
Views: 2985

The Egyptian parliament's defence and security committee approved a draft law on Monday stipulating a 15 percent increase in military pensions, Al-Ahram Arabic news website reported.

The head of the defence and security committee Kamal Amer said that the decision will go into effect starting 1 July 2019.

Amer said that the increase is an attempt by the state to alleviate the living conditions of both civilian and military employees.

The increase in pensions for the army will be at least EGP 150 and the minimum pension will be raised to EGP 900.

Egypt’s parliament must approve all draft laws before they are sent to the president for ratification.

Military, police and judiciary members’ pensions have been increased several times in recent years in Egypt.

The Egyptian cabinet approved on Wednesday a draft law increasing pensions and minimum wages for state employees, a statement by the cabinet said.

The bill stipulates that pensions for state employees would be increased by 15 percent, with a minimum raise of EGP 150 (approx. $8.6). The bill also sets a minimum monthly pension of EGP 900 (approx. $52), including all increases and allowances.

The bill has to be approved by parliament and ratified by the president before it goes into effect.

Last March, President Abdel-Fattah El-Sisi announced that the minimum monthly wage of state employees would increase from EGP 1,200 to 2,000, to go into effect on 30 June.

The last a minimum wage increase for the public sector was introduced in January 2014 from EGP 700 to EGP 1,200.

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