Bill seeks inflation-based pension raise for retirees

pensioners

Retired public servants will get automatic pay raises based on the cost of living in pension computations.

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Retired public servants will get automatic pay raises based on the cost of living in pension computations if Parliament approves a proposed Bill.

The Pensions (Amendment) Bill 2024 seeks to amend the Pensions Act, Cap 189, to include an automatic cost of living adjustment to the pensions earned by all retired public servants.

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