President announces one-off payment of $28,000 to old age pensioners

President Irfaan Ali making the announcement
President Irfaan Ali making the announcement

President Irfaan Ali this afternoon announced that all old age pensioners will benefit from a $28,000 one-off grant before the year ends.

“I am pleased to announce a one-off grant of $28,000 to be paid to every single old age pensioner before the end of 2022. This new announcement of this one-off grant in 2022 will provide an additional $1.8b in disposable income to our pensioners,” Ali said in his announcement.

His announcement was broadcast on all government-associated Facebook pages and on the National Communications Network.

This is the second time in two years that the government has granted a one-off grant to pensioners. Last year pensioners received a $25, 000 one-off grant.