March 4, 2024

INFO 10

THE TRUTH IN BLACK AND WHITE

NIS pension payments will now be paid along with Old Age Pension

With effect from July 2023, National Insurance Scheme (NIS) pension payments will now be paid from the first working day of every month to align with Old Age Pension (OAP) payments. Previously, NIS pension payments were made from the first Monday of every month.  

NIS payments are paid via the Guyana Post Office Corporation (GPOC), Commercial Banks and at NIS local offices countrywide and other payment options are currently being considered by Government.

Recently Government expanded the payment options for OAP to include Mobile Money Guyana (MMG). This adds to the existing options of the Guyana Post Office Corporation (GPOC), MoneyGram, Western Union, Sure Pay and Commercial Banks.