Government to raise minimum pension
The government of Antigua and Barbuda has chosen to elevate the minimum occupational pension for former government employees to $1,000.00 per month.
According to the recent Cabinet notes, a “tiered increases to higher earning pensioners will be calculated and paid on a declining percentage.”
Cabinet Spokesperson Lionel Hurst told the media on Thursday that the current minimum is about $850.
Hurst acknowledged that this raise was still inadequate, necessitating further augmentation to prevent elderly citizens from slipping into poverty.
Although a specific date for the increase was not provided.
Meanwhile, Hurst mentioned that clearing the outstanding backpay for public sector workers could be a gradual process.
He elaborated that due to the challenges posed by COVID-19, the government temporarily halted payments to over 50 landlords of government-occupied buildings. “It is only fair that we make some payments to those landlords, and as a consequence, I can’t provide an exact timeline for when everyone in the public sector will receive all the monies owed,” he explained.
This story was first published by Antigua News on : antigua.news/2024/05/16/government-to-raise-minimum-pension. © 2024 Antigua News. Republication without permission is not allowed.

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