Old Age Pension increased to $25,000

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Pensioner being processed to receive her new pension book
File Photo: Pensioner being processed to receive her new pension book

Finance Minister Dr Ashni Singh has announced the increase of Old Age Pensions from $20,500 to $25,000 effect January 1, 2021.

He said this will benefit over 60,000 persons. He also said it will put an additional $4 billion of disposable income in their hands.

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