Social Security Board to discontinue giving pension by drafts

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The Antigua and Barbuda Social Security Board (ABSSB) advised their overseas beneficiaries who received their pension by bank draft that this process will be discontinued as of April 1, 2021.

CIBC First Caribbean International Bank has advised that only Electronic Funds Transfer (EFT) payments or wires will be available after this date.

In a statement released by the Office of Prime Minister of Antigua and Barbuda, “Pension payments will be made either to a local bank or by wire. We, therefore, request that banking details to support payment be forwarded to the social security office no later than April 23, 2021 to ensure continued payment of your benefit.”

“We further wish to advise that wire processing will entail a local EC $30.00 dollar and a fee charged by the receiving bank. Both these fees will be deducted from the pension amount.” the statement added.

Prime Minister Office also gave a payment options link in their release. 

Our payment options form is available on our web site: http://www.socialsecurity.gov.ag. Payment forms can also be emailed upon request through [email protected].

We will continue to provide updates as our operating environment continues to evolve. We do apologize for any inconvenience caused. But they are due to circumstances beyond our control.

Notably, earlier, Antigua & Barbuda Social Security Board said, “Dear Employers, if you still haven’t had the opportunity to address your outstanding remittances for July – December 2020, you still have time to contact us at 736-3000/1/2/3 before March 31, 2021. “

Antigua & Barbuda is an independent Commonwealth country comprising its two namesake islands & some smaller ones. Positioned where the Atlantic and Caribbean meet, it’s known for reef-lined beaches, rainforests and resorts. Its English Harbour is a yachting hub and the site of historic Nelson’s Dockyard. In the capital, St. John’s, the national museum displays indigenous including colonial artefacts.

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1 COMMENT

  1. A fee is in order here. Nothing wrong with that. As a matter of fact, it should be a $50EC (20US) fee.

    Only thing is that the notice in the media is very short. Unless they already contacted the overseas pensioners.

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