President Sisi raises military pensions 10%
President Abdel Fattah al-Sisi - YOUM7 (Archive)
By THE CAIRO POST

CAIRO: President Abdel Fatah al-Sisi has issued new amendments to raise military pensions 10%  effective July 1, reported Al-Shorouq Thursday.

The new amendments allows retired officers to work an additional month after finishing their service to  deliver their charges, and to receive a repayment over this additional month as it would not be included when the pension gets calculated.

Yom7 reported last June that the Cabinet had approved the pension’s amendments and sent it to the Ministry of Defense in order to be reviewed and approved by the president.

Economic experts, however, criticized the amendments for excluding civilians.

“No one minds if the state wants to raise a specific party’s pensions, but on the other hand, if there is any raising in prices is going to be applied soon, it should be assured that it would be applied to everyone, ” economic expert Hamed Morsi tod Al-Mesryoon last June.

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