14th Month Pension: Cash in from December 16

In a significant announcement made during a press conference on the Mauritian economy, Ashok Subron, the Minister of Social Security, revealed that the long-awaited 14th month pension payment will commence on December 16. This payment will benefit all recipients of the universal pension as well as individuals receiving social assistance.

The Minister stated that the total cost for implementing this additional payment is estimated at approximately Rs 5 billion.

Beneficiaries will receive their payments at post offices from December 16 until December 24.

Conversely, those who have their pensions deposited directly into their bank accounts will see their payments credited starting from December 17.

In another key update, Minister Subron announced plans to increase pensions beginning in January 2025, with a proposed increment of Rs 1,000.

This increase aims to alleviate the financial burden caused by rising living costs.

He emphasized that this initiative demonstrates the government’s commitment to the populace, particularly to workers, individuals affected by poverty, and all Mauritians who supported the Alliance du Changement.

“The government of change is dedicated to fulfilling its promises to the people, the workers, and everyone who has put their trust in the Alliance du Changement,” stated Ashok Subron.

He also indicated that a draft bill would be presented to the National Assembly next Tuesday, December 17 to formalize these measures.

These developments are highlighting the government’s efforts to support vulnerable groups in society while addressing the challenges posed by economic fluctuations.

Source: Le Mauricien