Saint Vincent and the Grenadines: Advanced pension payment

Submitted by mmarquez on Fri, 04/24/2020 - 13:05

URL

https://www.nissvg.org/covid-19-and-the-response-of-nis/

Body

nissvg.org (03.04.2020) Advanced Pension Payment covering 8 weeks of payments. Implementation is on April 3rd, 2020 for the 4-week period March 30th, 2020 to April 25th, 2020. This will be followed by a payment on April 30th, 2020, which will cover the 4-week period from April 27th, 2020 to May 23rd, 2020. Regular fortnightly payment will resume on June 5th, 2020.

measures summary

Advanced Pension Payment covering 8 weeks of payments.

Measure date

Fri, 04/03/2020 - 13:05

Regions / Country

Saint Vincent and the Grenadines

Topics

Old-age pensions

Global challenges

Shocks & extreme events

Document Type

Official / Corporate

Tags

covid19

Status

Proposition_SS_Monitor_covid19

Published Measures summary

Description/integral text (Internal-not for publishing)

Advanced Pension Payment

Fashioned an advanced pension payment to safeguard the lives and livelihoods of pensioners and to help them prepare for likely restrictions on opening hours for businesses. As such, the next two monthly pension payments will be made early. Implementation is on April 3rd, 2020 for the 4-week period March 30th, 2020 to April 25th, 2020. This will be followed by a payment on April 30th, 2020, which will cover the 4-week period from April 27th, 2020 to May 23rd, 2020. Regular fortnightly payment will resume on June 5th, 2020.