Maldives Pension Administration Office reported total disbursement of MVR 123.5 million for February 2021.
They further explained details regarding how the fund was distributed among different categories.
‘General Pension’ category received the highest pension fund, which stood at MVR 89 million for a total number of 18,884 pensioners.
‘Retirees from Government Posts’ came second with a total of 4,101 recipients, receiving up to MVR 19 million.
The rest was disbursed as retirement pension to a total of 1751 pensioners worth MVR 7 million, and to other retiree categories of 3136 pensioners MVR 5 million was disbursed, respectively.