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Virgin Islands Pensioners Remuneration Bill (2025)

Vere H.E. Browne: Photo: Provided
By Vere H.E. Browne

Section 1: Short Title- This Act may be cited as the Virgin Islands Pensioners Remuneration Act, 2025.

Section 2: Definitions- In this Act, "pensioner" means an individual who has attained the age of 65 years or has retired from public service or employment after completing a minimum of 20 years of service, and is entitled to receive a pension under this Act.

Section 3: Tenure for Pension Qualification- To qualify for a pension, an individual must have completed a minimum of 20 years of service in the public sector or have attained the age of 65 years.

Section 4: Payment of Pensions- Pensions shall be paid fortnightly to all eligible pensioners.

Section 5: Source of Pension Payments- Pensions shall be paid from the Virgin Islands Consolidated Fund, and pension payments are a right under this Act.

Section 6: Transferability of Pensions- Pensions shall be transferable to any bank or financial institution designated by the pensioner.

Section 7: Tax Exemption- Pensions paid under this Act shall not be liable to income tax.

Section 8: Complimentary Amenities- Pensioners are entitled to the following complimentary amenities:

  1. Cooking Gas: Pensioners shall receive a monthly allocation of cooking gas.
  2. Petrol for One Vehicle: Pensioners shall receive a monthly allocation of petrol for one vehicle.
  3. Medical Care and Services: Pensioners shall receive "free of charge" all medical care and services in the Territory, whether provided by a public or private healthcare provider.
  4. ⁠Rent, Housing, or Similar Accommodations: Pensioners shall receive assistance with rent, housing, or similar accommodations.
  5. Discount on Goods and Services: Pensioners shall receive a 50% discount on all goods, building materials, groceries, and supplies.

Section 9: Double Pension Payments- All pensioners shall receive double pension payments annually in the month of December and on their birthdays.

Section 10: Implementation and Administration- The Minister responsible for finance shall be responsible for implementing and administering this Act.

Section 11: Regulations- The Minister may make regulations for the better carrying out of the provisions of this Act.

Section 12: Commencement- This Act shall come into force on a date to be appointed by the Minister by notice published in the Gazette.

Pensioners built this Territory with their blood, sweat and tears. Those are just a few Tokens of Appreciation for their Backbreaking Toil and Labour!

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