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Pension Increases for Those Over 80 and Widows

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Pension Increases for Those Over 80 and Widows

Effective as of 2024

The Head of State has announced a pension increase for retirees over 80 years old affiliated with the National Social Security Fund (Cnaps), effective with the first payment in 2024. This increase will also apply to widow pensions.

President Andry Rajoelina’s announcement addresses the long-standing requests of retirees affiliated with Cnaps. During his speech at a ceremony unveiling Cnaps’ digital strategy, the President confirmed a pension increase for individuals aged 80 and above.

This increase is set at 25 % of the minimum entry wage. Minister of Labor, Employment, and Civil Service, Hanitra Razakaboana, affirmed that this measure would take effect in 2024. The President also announced a pension increase for widows.

The widow’s pension is based on a percentage of the deceased spouse’s salary. The increase, effective this year, will have two primary focuses. First, widows and widowers who are unemployed will see their pension rate raised from 30 % to 50 %. Additionally, unemployed beneficiaries will now have the option to join Cnaps, where they can declare their income and determine their contribution amounts and frequency according to their financial capabilities.

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