Governmen of Bermuda (25.06.2020) Bermuda will end the State of Emergency on June 30th. This will imply a relaxation of social distancing measures which include gatherings up to a maximum of 50 persons (with the possibility to request largers ones to the Minister of National Security); recreational scuba will be allowed and masks will continue to be worn indoors (and outdoors in case social distancing cannot be maintained). Resumption of commercial flights is yet to be implemented.

ssa.gov (01.06.2020) For members from certain occupational pension plans that are younger than age 65 (the normal retirement age) and who are not yet retired may request one-time withdrawals of up to B$12,000 (US$12,000) from their account balances. The deadline for requests is June 30, 2021, and pension plan administrators must process the withdrawals within 20 business days after approving a request. This measure is part of an economic relief package for persons affected by the COVID-19.

Government of Bermuda (03.04.2020) Unemployment Benefit is newly established and administered through the Department of Workforce Development. The Covid – 19 Unemployment Benefit is for full-time (more than 15 hours per week) employees not currently on Financial Assistance and provides a payment of 60% of their weekly gross salary up to a maximum of $500 per week. The benefit is for a maximum of 12 weeks in total per employee from the date of application.

The Royal Gazette:Bermuda Business (17.01.2019) Seniors are seeing a 1.4 per cent increase in their contributory pension benefits this month, backdated to August of last year. The increased payout, which is in line with inflation, would normally trigger a simultaneous increase in the mandatory contributions made by those of working age.