Egypt Social Security
Law No. 148 of 2019, and circular letter No.1 of the year 2020, indicate the maximum limit of the basic salary which is subject to social insurance.
The maximum limit of the Basic Salary which is subject to social insurance has increased to L.E. 9 400.00 per month, and the minimum Basic Salary which is subject to social insurance has increased to L.E. 1 400.00 per month.
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Social Security Minimum & Maximum Limit Increases
The rate increase has been applied, effective 1 January 2022.
|Social Security Rates (2021)||Social Security Rates (2022)|
|Minimum – L.E. 1 200.00||Minimum – L.E. 1 400.00|
|Maximum – L.E. 8 100.00||Maximum – L.E. 9 400.00|
Impact of Egypt Social Security Minimum & Maximum Limit Increases on PaySpace
• The changes have been applied effective 1 January 2022.
• No other statutory changes have been announced.
The PaySpace Team