{"id":189676,"date":"2023-11-06T12:12:25","date_gmt":"2023-11-06T16:12:25","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=189676"},"modified":"2023-11-06T12:14:38","modified_gmt":"2023-11-06T16:14:38","slug":"government-pensioners-to-receive-inflationary-payment-increase","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/government-pensioners-to-receive-inflationary-payment-increase\/","title":{"rendered":"Government Pensioners to Receive Inflationary Payment Increase"},"content":{"rendered":"
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CABINET NOTES:<\/p>

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The Cabinet decided that, in keeping with inflationary pressures and the loss in the value of money over time, Government Pensioners are to receive an increase in their monthly payments.<\/strong><\/p>\n

The precise amount is subject to negotiations and affordability, given the 14% increase over several years which current government employees are beginning to enjoy.<\/p>

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A team at the Ministry of Finance is tasked with determining what is affordable and what revenue stream is likely to be adjusted to ensure that revenues can match the increase in expenditure that would be triggered by an increase in pension payments.<\/p>

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CABINET NOTES: The Cabinet decided that, in keeping with inflationary pressures and the loss in the value of money over time, Government Pensioners are to receive an increase in their monthly payments. The precise amount is subject to negotiations and affordability, given the 14% increase over several years which current government employees are beginning to […]<\/p>\n","protected":false},"author":3,"featured_media":111929,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-189676","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nGovernment Pensioners to Receive Inflationary Payment Increase - Antigua News Room<\/title>\n<meta name=\"description\" content=\"Antigua and Barbuda Government Pensioners to Receive Inflationary Payment Increase\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/government-pensioners-to-receive-inflationary-payment-increase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government Pensioners to Receive Inflationary Payment Increase\" \/>\n<meta property=\"og:description\" content=\"Antigua and Barbuda Government Pensioners to Receive Inflationary Payment Increase\" \/>\n<meta property=\"og:url\" content=\"https:\/\/antiguanewsroom.com\/government-pensioners-to-receive-inflationary-payment-increase\/\" \/>\n<meta property=\"og:site_name\" content=\"Antigua News Room\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antiguanewsroom\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-06T16:12:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-06T16:14:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mlavawteztbj.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/06\/TreasuryBuilding.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1366\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:site\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/antiguanewsroom.com\/government-pensioners-to-receive-inflationary-payment-increase\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/government-pensioners-to-receive-inflationary-payment-increase\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\"},\"headline\":\"Government Pensioners to Receive Inflationary Payment Increase\",\"datePublished\":\"2023-11-06T16:12:25+00:00\",\"dateModified\":\"2023-11-06T16:14:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/government-pensioners-to-receive-inflationary-payment-increase\/\"},\"wordCount\":182,\"commentCount\":3,\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/government-pensioners-to-receive-inflationary-payment-increase\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:1366\/h:768\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/06\/TreasuryBuilding.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/antiguanewsroom.com\/government-pensioners-to-receive-inflationary-payment-increase\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/antiguanewsroom.com\/government-pensioners-to-receive-inflationary-payment-increase\/\",\"url\":\"https:\/\/antiguanewsroom.com\/government-pensioners-to-receive-inflationary-payment-increase\/\",\"name\":\"Government Pensioners to Receive Inflationary Payment Increase - 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