Over 3,000 pensioners the Government pays were due to receive a one-time payment of $600 today, Thursday, November 23, 2023.
Prime Minister Philip J. Pierre disclosed that the 3 105 recipients would get the cash in addition to their monthly pensions.
" A total of $1.863 million will be directly pumped into the local economy through this relief effort," Pierre, the Finance Minister, wrote on Facebook.
He recalled that the Government also made a $500 one-time payment to pensioners in October last year.
Pierre's office said the payment delivered $1.5 million in direct financial relief to government pensioners living on a fixed income.
The office also disclosed that since the Pierre administration took office in July 2021, it provided government pensioners $3.2 million in direct financial support.
"We have begun discussions on increasing the monthly pensions to our eligible citizens," the Prime Minister disclosed.
He said it followed a 4.2% increase to all pensioners under the National Insurance Corporation.
"This administration will continue to provide relief to our citizens as we grapple with imported inflation and other external shocks affecting our people," Pierre said.
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