El-Sisi approves higher treasury payments to social insurance fund

Under the amended law, the annual installment will rise at a compounded rate of 6.4 percent starting July 1. This rate will increase by 0.2 percentage points each year from July 2027 until it reaches 7 percent in July 2029.

By: Business Today Staff

Sun, Jun. 7, 2026

President Abdel Fattah El-Sisi has ratified new amendments to the Social Insurance and Pensions Law, increasing the state treasury’s annual contribution to the National Organization for Social Insurance and strengthening support for insured workers and pensioners.

The amendments, approved by the House of Representatives in May and issued as Law No. 11 of 2026, raise the treasury’s annual payment to EGP 238.55 billion in FY2025/26, compared to an estimated EGP 227 billion, marking an increase of around EGP 11 billion.

Under the amended law, the annual installment will rise at a compounded rate of 6.4% starting July 1. This rate will increase by 0.2 percentage points each year from July 2027 until it reaches 7% in July 2029.

The law also adds EGP 1 billion to the annual payment each year for five years, starting in July 2026.

The amendments aim to expand the obligations covered by the state treasury, settle outstanding financial liabilities, and secure sustainable cash flows between the treasury and the insurance organization.

They also seek to reinforce the social insurance system’s role in supporting insured individuals and pensioners, while protecting and growing its financial resources for beneficiaries.

The law will take effect the day after its publication in the Official Gazette.