Latest Breaking News On - Basic retirement pension - Page 4 : comparemela.com

Maurice Info Search As at June 2020, the number of beneficiaries of Basic Retirement Pension reached 232,935, some 3.9% more compared to June 2019. The cost to Government was Rs 25.1 billion in 2019/2020 i.e. 35.0% higher than that in 2018/2019. There were 18,460 Basic Widow’s Pensioners in June 2020 compared to 18,830 one year earlier, showing a decrease of 2.0%. However, due to increases in the rates payable, the amount disbursed increased by 27.4% to reach Rs 2.0 billion in 2019/2020. The number of Basic Invalid’s Pensioners as at June 2020 was 31,599, i.e., a decrease of 1.1% compared to 31,935 a year earlier. The total amount disbursed from July 2019 to June 2020 rose by 26.9% to reach Rs 3.7 billion.

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