ANNUAL INCREASE IN PAYMENTS TO PENSIONERS

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The Ministry of Finance is advising pensioners that their September 2023 pension payment has been updated to reflect the 4% increase for the 2024 period.

The 4% increase the ministry says is applicable to the period January 1st, 2023 to December 31st, 2023, consistent with the increase agreed upon for public sector workers.

Pensioners are further advised that their short payment for the period January 1st, 2023, to August 31st, 2023, will be paid by the next pay cycle, October 15th, 2023.

Pensioners are kindly asked to take note of the changes.

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