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Subsidized Loans for Retirees and Advancement of May and June Pension Payments to This Date

April 27, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Subsidized Loans for Retirees and Advancement of May and June Pension Payments to This Date

The National Retirement Fund (CNR) is preparing to sign an agreement with a public bank to grant loans to all retirees at subsidized rates, with the provision of Islamic financing options under favorable conditions, in a step aimed at improving the living standards of this category, according to what was revealed by the Fund's Director General Hafiz Adrar. Adrar explained, during his appearance yesterday on the program 'Guest of the Day' on Algeria's third radio channel, that this initiative falls within a new approach adopted by the Fund that focuses on a more proactive strategy rather than merely periodic increases, by providing additional benefits for retirees. He also noted that the Fund's teams are currently working on preparing other agreements aimed at enhancing services and benefits for retirees.

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