Social Security Pension Increase Now Expected by April
A long-awaited increase in the minimum monthly pension to $500 is now expected to take effect in April, according to the Director of Social Security.
The update came during The Browne and Browne Show on Pointe FM after a radio caller raised concerns over the delay in implementing the measure, which was initially scheduled to take effect in January 2024.
The caller expressed disappointment that pensioners had yet to see the increase despite previous government assurances.
In response, Prime Minister Gaston Browne contacted the Director of Social Security live on air, who explained that the necessary legal adjustments were still being finalized.
The director stated that the measure is now set to take effect by April 2, once the legislative process is completed.
The pension increase is part of the government’s broader commitment to strengthening social protection for retirees.
The Antigua and Barbuda Social Security Board (ABSSB) previously reported improved financial performance, with higher collections exceeding benefit expenses. Officials have attributed this to employment growth, which has bolstered contributions.
Further details on the implementation timeline are expected to be provided in the coming weeks.
Advertise with the mоѕt vіѕіtеd nеwѕ ѕіtе іn Antigua!
We offer fully customizable and flexible digital marketing packages.
Contact us at [email protected]
Mr. PM, what about the Pensioners who worked in the private sector, are we not deserving too, I worked for over 50 years in the private sector and gets $1105, water and electricity eat up more than half of that and don’t talk about the wicked prices in the supermarkets, for goodness sake have a heart, imagine yourself in that position
Prime Minister, someone once said you do not have a heart in your chest but a cash register prove that person wrong, you are from the same strata of the society as most of us, but you elevated yourself by putting in the hard work, some of us were not as fortunate, I agree with PATRIOT #2 that pensioners who worked in the private sector can’t survive on $1000 per month, I implore you to put back your in the right place
Just about all promises in Antigua and Barbuda are like pies in the skies. Promises,Promises, Promises, when you give a date to deliver damn well do it by that damn date. It was supposed to be given in January, now April. April Fools Day!