Insurance Authority Executes First Pension Disbursement Under Exceptional Salary Payment Mechanism

Sana'a – SABA :
The General Authority for Insurance and Pensions commenced today the disbursement of the second half of the December 2020 pension payments for civil retirees.
Ibrahim Al-Haifi, Chairman of the Authority, told the Yemeni News Agency (SABA) that this payment is part of the temporary exceptional mechanism to support the state employee salary bill by the provisions of Law No. (2) of 1446 AH. The mechanism ensures the regular disbursement of pensions, with 12 pension payments carried out annually.
He highlighted that this step is the result of intensive efforts and continuous coordination between the Ministers of Finance, Civil Service, and Administrative Development. The goal is to guarantee the continuous and timely payment of pensions as part of the Government of Change and Development's program, which prioritizes retirees in recognition of their dedication and long service to the nation.
Retirees and beneficiary agents are urged to visit post offices with the necessary documents to facilitate pension collection.
Al-Haifi expressed his deep appreciation for the significant cooperation from relevant authorities, particularly the Governor of the Central Bank of Yemen, Hashim Ismail, and the Director General of Yemeni Post, Ammar Wahan, as well as the staff and employees of the Insurance and Pensions Authority, the Ministries of Civil Service and Finance, and the Central Bank, all of whom contributed to the success of the disbursement process.
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