Date: | 1994- |
Web: | Official website of the programme |
Description: | This is the main old age pension program in the country, applicable to adults over the age of 65 who have a low income. |
Characteristics
Target population: | The old age pension (universal) is destined to people older than 65. Only people who have been citizens of Guyana for less than ten years, and foreigners with more than 20 years of residence in Guyana are elegible for this pension. |
Area of intervention: | Non-contributory pension |
Geographic scale: | National |
Targeting method: | Direct Means Test |
Instrument of selection: | … |
Registry of recipients: | … |
Exit strategies or criteria: | The recipients will be disqualified from obtaining the pension if they are inmates of a public institution that offers free accommodation, if the recipient has been out of the country or if he/she is incarcerated. |
Comments: | As part of the measures to face the effects of the Covid-19 pandemic and social isolation, in March 2020, the payment of the pension was advanced. Additionally, the amount of the pension increased to GYD $ 25,000 in 2021. Although at the moment there is no digitized system for the identification of recipients of this program, the Ministry of Social Protection indicated in January 2018 that in collaboration with the public information department and the Ministry of Public Telecommunications are working towards creating a digital system in which recipients may use their national identification card to receive the pension. |
Institutionality
Legal framework: | Law 17 of 1944 'Elderly Pension Law', chapter 36:03 |
Responsible organization(s): | Ministry of Social Protection |
Executing organization(s): | Ministry of Social Protection |
Responsible organization(s) for the registry of recipients: | Ministry of Social Protection |
Source of funding: | … |
1) Old Age Pension
Recipient(s): | Recipients of the pension |
Mode of transfer: | Flat transfer |
Mode of delivery: | Cash |
Periodicity of delivery: | Monthly |
Recipient of the transfer: | The recipient of the pension or someone authorised to collect the pension |
Maximum per household: | … |
Conditionalities: | nan |
Sanctions: | If false statements have been used to acquire the pension, penalties will be awarded in the form of a fine |
Comments: | The pension is delivered by an official responsible for the payment of the pension, with the presentation of the identification card and the pension voucher |
Amount : | GYD $25,000 in 2021. See data in Excel format. |