Finance Minister announces $250 increase in senior citizens’ pension

Finance

Politics

October 12, 2026

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Finance Minister announces $250 increase in senior citizens’ pension

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Finance Minister Davendranath Tancoo has announced a $250 increase in the senior citizens’ pension, public assistance grants and disability assistance grants, effective January 1, 2027.

Presenting the 2027 National Budget in Parliament today, Tancoo said the increase in the senior citizens’ pension would benefit 124,000 recipients.

He said the last increase in the pension was 12 years ago, under the then prime minister Kamla Persad-Bissessar.

Finance

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