{"id":563266,"date":"2021-06-24T04:00:16","date_gmt":"2021-06-24T04:00:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/24\/its-official-pension-payouts-to-rise-13-from-1-july\/"},"modified":"2021-06-24T04:00:16","modified_gmt":"2021-06-24T04:00:16","slug":"its-official-pension-payouts-to-rise-13-from-1-july","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/24\/its-official-pension-payouts-to-rise-13-from-1-july\/","title":{"rendered":"It\u2019s official: Pension payouts to rise 13% from 1 July"},"content":{"rendered":"

Next month\u2019s 13% increase for pensioners is now law of the land:<\/strong> Legislation that raises state pension payments on 1 July has been ratified by President Abdel Fattah El Sisi, according to the Official Gazette (pdf)<\/a>. The above-inflation hike \u2014 approved<\/a> by the cabinet in April \u2014 will cost state coffers an additional EGP 31 bn in the upcoming fiscal year, and is designed to raise the standard of living of the country\u2019s pensioners.<\/p>\n","protected":false},"excerpt":{"rendered":"

Next month\u2019s 13% increase for pensioners is now law of the land: Legislation that raises state pension payments on 1 July has been ratified by President Abdel Fattah El Sisi, according to the Official Gazette (pdf). The above-inflation hike \u2014 approved by the cabinet in April \u2014 will cost state coffers an additional EGP 31 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7344],"tags":[72,180,187,190],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-563266","post","type-post","status-publish","format-standard","hentry","category-legislation-watch","tag-enterpriseam","tag-legislation","tag-legislation-watch","tag-social-welfare","wpautop","entry"],"acf":{"mongo_id":"2ba4d9db-0aab-491c-aa83-49550b15e507","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[563255],"teaser":"","voice_url":""},"yoast_head":"\nIt\u2019s official: Pension payouts to rise 13% from 1 July - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/24\/its-official-pension-payouts-to-rise-13-from-1-july\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"It\u2019s official: Pension payouts to rise 13% from 1 July\" \/>\n<meta property=\"og:description\" content=\"Next month\u2019s 13% increase for pensioners is now law of the land: Legislation that raises state pension payments on 1 July has been ratified by President Abdel Fattah El Sisi, according to the Official Gazette (pdf). The above-inflation hike \u2014 approved by the cabinet in April \u2014 will cost state coffers an additional EGP 31 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/24\/its-official-pension-payouts-to-rise-13-from-1-july\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-24T04:00:16+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/24\/its-official-pension-payouts-to-rise-13-from-1-july\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/24\/its-official-pension-payouts-to-rise-13-from-1-july\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"It\u2019s official: Pension payouts to rise 13% from 1 July\",\"datePublished\":\"2021-06-24T04:00:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/24\/its-official-pension-payouts-to-rise-13-from-1-july\/\"},\"wordCount\":80,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"legislation\",\"Legislation Watch\",\"social welfare\"],\"articleSection\":[\"LEGISLATION WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/24\/its-official-pension-payouts-to-rise-13-from-1-july\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/24\/its-official-pension-payouts-to-rise-13-from-1-july\/\",\"name\":\"It\u2019s official: Pension payouts to rise 13% from 1 July - 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