{"id":601650,"date":"2019-03-06T03:55:39","date_gmt":"2019-03-06T03:55:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/draft-pensions-act-to-make-it-to-egypts-house-march-end\/"},"modified":"2019-03-06T03:55:39","modified_gmt":"2019-03-06T03:55:39","slug":"draft-pensions-act-to-make-it-to-egypts-house-march-end","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/draft-pensions-act-to-make-it-to-egypts-house-march-end\/","title":{"rendered":"Draft Pensions Act to make it to Egypt\u2019s House March-end"},"content":{"rendered":"

LEGISLATION WATCH- Gov\u2019t to establish independent body to supervise pensions: <\/b>The government is planning to do away with a provision in the draft Social Security and Pensions Act that would set up an authority directed by the social solidarity and finance ministries to manage the state\u2019s pension and social insurance funds in favor of setting up an independent body, government sources told the domestic press<\/a>. A new draft law separate from the Pensions Act establishing the entity will be presented to the House of Representatives for a separate vote not long after the Pensions Act is introduced, the source noted. The government expects to refer the draft Pensions Act to the House of Representatives before the end of the month.<\/p>\n","protected":false},"excerpt":{"rendered":"

LEGISLATION WATCH- Gov\u2019t to establish independent body to supervise pensions: The government is planning to do away with a provision in the draft Social Security and Pensions Act that would set up an authority directed by the social solidarity and finance ministries to manage the state\u2019s pension and social insurance funds in favor of setting […]<\/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":[8572],"tags":[72,180,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601650","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-legislation","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"4ded76d7-6711-4d65-9a3e-e776b7263590","is_powered_by":true,"section_story_id":"7e18b559-5239-41ed-b452-c8ad8c24a16b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[601637],"teaser":"","voice_url":""},"yoast_head":"\nDraft Pensions Act to make it to Egypt\u2019s House March-end - 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\/2019\/03\/06\/draft-pensions-act-to-make-it-to-egypts-house-march-end\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Draft Pensions Act to make it to Egypt\u2019s House March-end\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- Gov\u2019t to establish independent body to supervise pensions: The government is planning to do away with a provision in the draft Social Security and Pensions Act that would set up an authority directed by the social solidarity and finance ministries to manage the state\u2019s pension and social insurance funds in favor of setting […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/draft-pensions-act-to-make-it-to-egypts-house-march-end\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-06T03:55:39+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/draft-pensions-act-to-make-it-to-egypts-house-march-end\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/draft-pensions-act-to-make-it-to-egypts-house-march-end\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Draft Pensions Act to make it to Egypt\u2019s House March-end\",\"datePublished\":\"2019-03-06T03:55:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/draft-pensions-act-to-make-it-to-egypts-house-march-end\/\"},\"wordCount\":133,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"legislation\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/draft-pensions-act-to-make-it-to-egypts-house-march-end\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/draft-pensions-act-to-make-it-to-egypts-house-march-end\/\",\"name\":\"Draft Pensions Act to make it to Egypt\u2019s House March-end - 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The ministry is planning to present the final draft to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603041,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/14\/egypts-council-of-state-reviews-draft-law-to-increase-pensions\/","url_meta":{"origin":601650,"position":1},"title":"Egypt\u2019s Council of State reviews draft law to increase pensions","author":"enterpriseam admin","date":"14 April 2019","format":false,"excerpt":"LEGISLATION WATCH- Council of State reviews draft law to increase pensions: The Council of State (Maglis El Dawla) has completed its review of a draft to increase monthly pension payouts, Youm7 reports. It is unclear whether the pensions-related draft is the same one approved by cabinet in a meeting earlier\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622186,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/28\/social-solidarity-ministry-completes-draft-social-security-and-pensions-act\/","url_meta":{"origin":601650,"position":2},"title":"Social Solidarity Ministry completes draft Social Security and Pensions Act","author":"enterpriseam admin","date":"28 November 2018","format":false,"excerpt":"The Social Solidarity Ministry has completed drafting the Social Security and Pensions Act and has referred the legislation to the Finance Ministry for actuarial studies on the legislation, Minister Ghada Wali told the House of Representatives yesterday, Al Mal reports. The actuarial studies should be complete within one month.","rel":"","context":"In "Legislation + Policy"","block_context":{"text":"Legislation + Policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598190,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypts-draft-social-security-and-pensions-act-to-reach-parliament-by-june\/","url_meta":{"origin":601650,"position":3},"title":"Egypt\u2019s draft Social Security and Pensions Act to reach parliament by June","author":"enterpriseam admin","date":"16 May 2019","format":false,"excerpt":"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\u2026","rel":"","context":"In "Legislation + Policy"","block_context":{"text":"Legislation + Policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":623065,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/social-solidarity-ministry-to-present-new-social-security-and-pensions-act-to-cabinet-soon-as-finmin-drafts-law-to-give-financial-inspectors-powers-of-arrest\/","url_meta":{"origin":601650,"position":4},"title":"Social Solidarity Ministry to present new Social Security and Pensions Act to cabinet soon, as FinMin drafts law to give financial inspectors powers of arrest","author":"enterpriseam admin","date":"21 October 2018","format":false,"excerpt":"LEGISLATION WATCH- The Social Solidarity Ministry is expecting to present a draft of the new Social Security and Pensions Act to the Madbouly Cabinet as soon as ministry officials complete their final review of the bill, Deputy Minister Nevine El Qabbag told Al Shorouk. Under the new law, pensions (which\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596920,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/11\/egypts-house-approves-contents-of-new-social-security-and-pensions-act\/","url_meta":{"origin":601650,"position":5},"title":"Egypt\u2019s House approves contents of new Social Security and Pensions Act","author":"enterpriseam admin","date":"11 July 2019","format":false,"excerpt":"LEGISLATION WATCH- The House of Representatives\u2019 general assembly approved yesterday the new Social Security and Pensions Act, which would see 21% of the monthly salary of public and private sector workers contributed into a newly-established pension fund, reports Masrawy. 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