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Fatima Abd El-Wahhab

Fatima Abd El-Wahhab

Attorney

الأسئلة المجابة 29736 | نسبة الرضا 97.9%

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As an employer if I increase the pension contri...

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As an employer if I increase the pension contribution for the employees to 80% is there a requirement to make retrospective payments

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إجابة الخبير: Fatima Abd El-Wahhab

Fatima Abd El-Wahhab

Fatima Abd El-Wahhab

Attorney

الأسئلة المجابة 29736 | نسبة الرضا 97.9%

Monthly pension contributions are deducted at the rate of 20% of the deductible salary. Where the insured bears 5% and the employer bears 15% of the salary subject to deduction, and the employer is responsible towards the fund for the monthly subscriptions within the date specified by law, where they are due from the beginning of the month following the month for which they are due, and may be extended until the twentieth day of it.
Elements of salary subject to deduction in the private sector
The basic salary and all bonuses and allowances that are paid monthly, on a permanent and regular basis.

إسأل Attorney

Fatima Abd El-Wahhab

Fatima Abd El-Wahhab

Attorney

الأسئلة المجابة 29736 | نسبة الرضا 97.9%

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