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‘Significant’ Amendment Coming To Saint Lucia Pensions Act

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Saint Lucia’s Pensions Act is due for amendment when the House of Assembly meets on Tuesday.

Prime Minister Philip J. Pierre, who is responsible for finance, disclosed that the amendment will ensure that no civil servant gets less than $725 monthly.

“To me, that’s significant,” Pierre told Monday’s regular pre-cabinet press briefing.

“Government pensioners will now receive a minimum of $725 a month. Additionally, the NIC pensioners will see an increase, with no pensioner receiving less than $500 a month initially,” the Prime Minister shared with reporters.

He further elaborated that this new figure represents a significant increase from the previous $300.

Pierre revealed that this amendment would directly impact over 2000 pensioners who were previously receiving a $300 monthly pension.

He stated that the adjustment would occur from August 1.

According to Pierre, his administration did not believe the development was something to boast about.

“In fact, we need to increase it, but I am saying to you that this government, with its people-centred policies, is ensuring that everybody, from the youth to our retired people, is going to enjoy a better quality of life,” the Prime Minister expressed.

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8 COMMENTS

  1. This increase is only focused on “government” pensioners. What about the “Joe public” pensioners? When they be eligible for an increase? Also no mention of annual increments – which is a global occurrence. Shafted again …

  2. So Sue Me everything is being done for government workers and no one else. As if they are the only ones paying taxes. We need government to represent interest of all people not just a small section of it.

  3. Hey @so sue me, I can see you have a serious reading and understanding problem. The article clearly states that “Additionally, the NIC pensioners will see an increase, with no pensioner receiving less than $500 a month initially,” And I hope you don’t have a vocabulary problem too and that you understand what initially means.
    I also realized that you are ignorant of the fact that while government pensions remain the same for the individual throughout his lifetime, NIC periodically increases the pension of its former contributors.

  4. Very good starting point, had Chastanet and the kidnapper done this , things would be better today.

  5. Chastanet only used our Treasury to benefit FFF, his track record is there for all to review.

    Were they any people centric policies, St Lucian people that is not the likes of Lockerbie.

  6. @Mwen Par Vlay Sue …
    I can read and understand VERY clearly!
    The PM mentioned “Civil Servants” and “Government Pensioners” …. here it is again, for YOUR understanding:

    “Prime Minister Philip J. Pierre, who is responsible for finance, disclosed that the amendment will ensure that no civil servant gets less than $725 monthly.
    “Government pensioners will now receive a minimum of $725 a month.”

    Can you READ and UNDERSTAND these two paragraphs??

  7. I do not see nor understand the need for hacks to attack persons when making their comments. If the comment had been written as follows, it probably would have been received better:

    “The article clearly states that “Additionally, the NIC pensioners will see an increase, with no pensioner receiving less than $500 a month initially,”

    Also, while government pensions remain the same for the individual throughout his lifetime, NIC periodically increases the pension of its former contributors.”

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