Egypt’s draft Social Security and Pensions Act to reach parliament by June

The Social Solidarity Ministry will send the Social Security and Pensions Act to the House of Representatives for review and approval at the beginning of June, an unidentified source tells Al Mal. The bill aims to amend the overall framework governing social welfare and pensions programs by guaranteeing the right to unemployment benefits and establish a new pension fund. Ministry spokesman Mohamed El Okabi had previously said the legislation is expected to come into effect by July.