President Dr. Irfaan Ali on Sunday night announced that the old-age pension will be increased to a minimum of $60,000, should the People’s Progressive Party Civic (PPP/C) be re-elected to office at the September polls.
President Ali made this announcement on Sunday as he addressed a People’s Progressive Party Civic (PPP/C) rally in Lethem.
This venture, he said, means an additional $65 billion will be spent annually on the country’s elderly population.
Currently, the old age is $41,000. It was increased earlier this year from $36,000.
Additionally, the President promised that each pensioner will get $50,000 to support their transportation needs.
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