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Pension benefits are still being paid late to seniors — four months after the problem was revealed by The Royal Gazette. Catherine Gregory, a Bermudian retiree who lives in the United States, said her payments had become overdue again after a one-off...

Moves to allow a pension contribution holiday for the next year are necessary for many, fund managers say, but they urged workers to keep paying in if they can afford to. Curtis Dickinson, the finance minister, said on Wednesday that the planned mand...

Legislation to allow people to withdraw up to $12,000 from their private pension plans was approved by the Senate yesterday. Vance Campbell, a government senator and the junior public works minister, said the legislation was intended to help people w...

Residents plunged into hardship by the Covid-19 crisis will be able to make a one-time withdrawal of $12,000 from their pension pot under legislation to be fast-tracked through the House of Assembly today. However, dipping into retirement savings pre...

The Department of Social Insurance wishes to advise the public that benefits have increased by 1.2% effective August 16th 2019. Therefore benefits to be paid on Friday, March 13th 2020 will represent the new monthly amount plus the retroactive paymen...

Dramatic changes to the Bermuda National Pension Scheme (Occupational Pension) Act 1998, the contributory benefit pension plan designed for all eligible employees in the private sector workforce, were announced by the Bermuda Government last month. A...

Dear Sir, It was with interest that I read the article ”Couple left in the lurch over unpaid pension”. I am saddened that Catherine Gregory has been terribly inconvenienced by the failure to receive what she rightfully earned. What is even sadder is...

In his speech to the Progressive Labour Party and in his later curtailed statement to the House of Assembly last month, David Burt provided some details on the Government’s plans to allow holders of private pension funds to withdraw a portion of the ...

Legislation to require non-Bermudians be enrolled in a pension scheme was approved in the Senate on Wednesday. The National Pension Scheme (Operational Pensions) Amendment Act will also allow seniors to withdraw up to 25 per cent of their pension sav...

A Bill dealing with pension scheme payments was put on hold after a string of complaints from the One Bermuda Alliance at the House of Assembly. Wayne Furbert, the Minister for the Cabinet Office, agreed to “rise and report” on the National Pension S...

Reports of unpaid war veteran benefits are to be investigated, a Government representative said last night. The spokesman said that “the Ministry of Finance has undertaken a review of the claims”. He added that a statement on the matter would be re...

A war veteran’s family are owed $20,000 in unpaid benefits and are struggling to make ends meet, they said yesterday. Kerrie Aubrey, whose 86-year-old mother Maureen has spent the last month in hospital, said the family have been forced to pay intere...