Learn how to calculate salaries and pensions, starting next July

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Minister of Finance ... in implementation of presidential directives:

Calculation of the periodic allowance for civil servants at the rate of 7% of the job wage, with a minimum of 75 pounds per month and no maximum.

Granting non-civil servants a special allowance of 13% of the basic wage, with a minimum of 75 pounds per month and no maximum

Increase the monthly additional incentive for those addressed and not addressed to the civil service with cut financial classes

The new financial increases were reflected in raising the minimum wage to 2,400 pounds for the sixth degree

 

 

Dr. Mohamed Maait, Minister of Finance, confirmed that, in implementation of presidential directives, efforts to improve wages for workers in the state's administrative apparatus will continue. In a way that contributes to alleviating the burdens on their shoulders, the financial allocations for the wage item in the draft new budget have been increased by about 37 billion pounds, explaining that the total cost of the periodic allowance for those addressing the civil service law, and the special allowance for those not addressed by it is 7.5 billion pounds, and that the cost of increasing the additional incentive They all have EGP 17 billion, and that the promotions movement of employees who meet the promotion requirements will be funded on June 30, in order to achieve an improvement in their wages by the value of the legally determined promotion bonus at a total cost of one billion pounds, and the allocation of a financial incentive for workers transferred to the New Administrative Capital at a total cost of 1.5 billion pounds, And increasing the value of pensions by about 13%, at a total cost of 31 billion pounds.

 

The minister said that these new financial increases for workers in the state's administrative apparatus were reflected in raising the minimum wage from 2000 to 2400 pounds for the sixth degree, from 2200 to 2640 pounds for the fifth degree, and from 2400 to 2880 pounds for the fourth degree, and from 2600 to 3120 pounds for the third class, and from 3 thousand to 3600 pounds for the second class, and from 3500 to 4200 pounds for the first class, from 4 thousand to 4800 pounds for the general director's degree, from 5 thousand to 6 thousand pounds for the high class, and 7 thousand to 8400 pounds for the excellent class.

 

The minister added that the periodical allowance for those addressed by the provisions of the Civil Service Law, due on the first of July 2021, will be calculated at 7% of the job wage with a minimum of 75 pounds per month, without a maximum, and this allowance is part of the employee's salary, and it will be added to it as of July 1, 2021. And workers in the state who are not addressed by the provisions of the Civil Service Law will be granted, as of July 1, 2021, a special allowance of 13% of the basic wage or equivalent in the comprehensive remuneration for each of them on June 30, 2021 or upon appointment for those appointed after this date at a minimum. 75 pounds per month, without a maximum, and this allowance is part of the basic wage of the worker and is added to it as of July 1, 2021, explaining that the monthly special allowance applies to employees of the state's administrative apparatus, local administration units, and permanent and temporary public bodies with a comprehensive bonus and those with public positions and fixed connection within Egypt, without those addressed by the provisions of the Civil Service Law, and state employees whose employment affairs are regulated by special laws or regulations.

 

The minister indicated that, as of July 1, 2021, the monthly additional incentive will be increased for employees addressed by the provisions of the Civil Service Law and workers not addressed by it, with financial classes cut at the rate of 175 pounds for occupants of the sixth, fifth and fourth degrees, 225 pounds for third-degree occupants, and 275 pounds for second-degree occupants. And 325 pounds for first-class occupants, 350 pounds for employees of a general manager or senior class, 375 pounds for high class occupants, and 400 pounds for first-class occupants or the equivalent of each, and those appointed after this date benefit from this, and this incentive is part of the complementary wage or wage variable.