Regulatory Alerts2021-01-01
Prime Minister's Decision No. 2437 of 2021 Issuing the Executive Regulations for Social Insurance and Pensions Law No. 148 of 2019
Prime Minister Mostafa Madbouly issued Decision No. 2437 of 2021 to promulgate the Executive Regulations for Social Insurance and Pensions Law No. 148 of 2019, establishing comprehensive definitions, insurance coverage categories, and subscription procedures for Egyptian workers. The regulations mandate the creation of social insurance files and digital transformation timelines, requiring employers to maintain electronic records, submit standardized forms with electronic signatures, and ensure accurate contribution calculations for old-age, disability, death, occupational injury, sickness, and unemployment benefits. By replacing prior social insurance laws and standardizing documentation across public, private, self-employed, and unorganized labor sectors, the decision streamlines compliance while guaranteeing equitable pension entitlements for all insured categories.