Regulatory Alerts2019-01-01
Law No. 148 of 2019 Issuing the Social Insurance and Pensions Law
The Egyptian Parliament enacted Law No. 148 of 2019 to formally issue and consolidate the Social Insurance and Pensions Law, transferring the administration and disbursement of social insurance benefits to the National Social Insurance Authority at the expense of the Public Treasury. The legislation establishes comprehensive scientific definitions, contribution wage components, and eligibility criteria, explicitly extending mandatory coverage to private sector employees, temporary and seasonal workers, self-employed professionals, business owners, agricultural landowners, and various independent contractors. It mandates the issuance of executive regulations within six months, sets the general effective date to January 1, 2020, and repeals all conflicting provisions to standardize social security obligations and pension entitlements across specified occupational categories.