Annual Increase In Payments To Pensioners

Press Release.

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

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

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

Pensioners are kindly asked to take note of this change.