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  • 5/19/2015
Saint Lucians will see their pensions and other related lump-sum insurance benefits increase as of July 1. The 3% increase was announced following an actuarial review by the National Insurance Corporation (NIC), the agency responsible for paying pension and retirement benefits. Persons above 65 years of age who are still employed will also be entitled to receive a pension. Discussions are underway between the NIC and the International Labour Organization on providing pensions for the self-employed. Allison Kentish reports from Castries, St. Lucia. teleSUR

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