Florida, August 18.—More than 6,600 retirees and pensioners in the municipality of Florida will benefit from the increase in their monthly pension amounts. Payments will begin on August 20, in stages, at the various units where these procedures are usually carried out.
According to information provided by Ana Yamilet Blanco Valdés, head of the Social Security Department at the Municipal Labor Directorate, the presidency of the Central Bank of Cuba certified that all cash will be guaranteed to support the payment of the pension increases in August. This was confirmed by branches of the Banco Popular de Ahorro (BPA) and the Banco de Crédito y Comercio (BANDEC) throughout the country.
In the case of the BPA, payments to retirees will be made in stages based on the pensioner’s year of birth. Therefore, people are encouraged to inquire or request prior information on this matter from the institution itself and from other institutions such as the National Social Security Institute or the Labor Department in the region.
As part of the analysis of the issue at the official meeting of the Municipal Administration Group in charge of Social Security, it was noted that beneficiaries of any of the pension systems earning up to 2,472 pesos will receive an increase of 1,528 pesos; while those who, at the time the new measure was approved, received a pension of more than 2,473 pesos and up to 2,999 pesos will receive a monthly increase of 4,000 pesos.
Florida has more than 12,000 retirees under the Social Security system of the Revolution, an achievement that continues unabated amid the severe economic restrictions existing in the country.
This is confirmed by concrete facts, as it is known that, by decision of the Cuban government, more than 50 percent of the members of this group of compatriots in the municipality will improve their financial income to cope with the harshness of these times.
