The Cabinet Media Center has dismissed as groundless reports claiming that the government intends to reduce the financial provisions for pensions against the backdrop of the global financial crisis. In a statement Monday, the center said it contacted the National Authority for Social Insurance (NASI), which totally denied such reports, asserting that they are baseless and bare of truth. The authority affirmed its keenness on abiding by all its dues and insurance privileges for pensioners, without intending to reduce them, according to the center. The Finance Ministry abides by paying its dues as regular, said the center, noting that the ministry paid about EGP 160.5 billion to the NASI durin
Hence then, the article about gov t denies intention of reducing financial provisions for pensions was published today ( ) and is available onEGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Gov’t denies intention of reducing financial provisions for pensions )