Egypt: Retirement, Superannuation & Pensions

The social insurance system is established under Egyptian Social Insurance Law No. 148 of 2019 and is administered by the National Organization for Social Insurance (NOSI), which is the competent authority responsible for enforcing compliance across all covered categories. The system imposes mandatory obligations on employers, employees, and other insured categories to contribute to the national social insurance scheme based on prescribed insurable wage thresholds, which are periodically updated by ministerial decree.

In light of rapid economic and legislative changes, the need for a contemporary legal framework that regulates labour relations, achieving both justice and stability, has become urgent.

Law No. 148 of 2019, officially titled the Social Insurance and Pensions Law, marks a pivotal step in overhauling Egypt's national system for social protection.

The minimum obligatory annual increase is set at no less than 7% of the basic salary which is the basis for calculation of social insurance.