Log In

Reset Password
BERMUDA | RSS PODCAST

Pension payments hit by ‘slight delay’

Pension payments to seniors who bank with HSBC were delayed yesterday, according to the Department of Social Insurance.

A department spokeswoman did not give the cause for the hold-up, but confirmed that there was “a slight delay in processing some monthly pensions”.

The spokeswoman said: “We understand the inconvenience this may have caused and are pleased to advise that all pensioners should now have received their payments.

“We thank those affected for their patience and understanding.”

She added that there had been no error made, and that payments had gone through on the correct day.

An HSBC spokeswoman later confirmed that all affected customer accounts were credited shortly after noon.

The spokeswoman added: “We are aware of the delay in the processing of some of today’s pension payments, which was caused by issues outside of the bank’s control.”

You must be Registered or to post comment or to vote.

Published May 16, 2024 at 7:50 am (Updated May 16, 2024 at 7:50 am)

Pension payments hit by ‘slight delay’

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon