NSSF Memo #831 on application of Decree #2923 increasing NSSF ceiling and family allowances starting from 1st May 2026

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The NSSF Memo #831 dated 4th May 2026 in relation to the Decree # 2923 published in the Official Gazette #19 dated 30th April 2026 (attached scanned copies) has increased the following NSSF ceiling and family allowances starting from the 1st of May 2026 (beginning of the month that follows its publication in the official gazette):

1)      The NSSF monthly ceiling for the family allowance contributions calculation is set at LBP 28,000,000.

2)      The monthly family allowances have been increased to a maximum of LBP 7,875,000 split as follows:

a.       LBP 2,100,000 for the spouse/husband.

b.      LBP 1,155,000 for every child up to 5 children.

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