Saint Vincent and the Grenadines

Basic country data

  • Population 60 and over (2018)
  • 13,409
  • % of total
  • 12.2%
  • Population 60 and over (2050)
  • 28,141
  • % of total
  • 25.5%
  • Does the country have a social pension?
  • Yes
  • Region
  • Latin America & Caribbean
  • Income group
  • Upper middle income

Data on social pensions

Elderly Assistance Benefit

Basic scheme information

Data on social pensions

  • Name of pension or programme
  • Elderly Assistance Benefit
  • Year first social pension introduced
  • 2009

2015

National Insurance Services of St Vincent and the Grenadines: Elderly Assistance Benefit (webpage)

Eligibility criteria

  • Age of eligibility
  • 67 (in 2009 - the time of implementation)
  • Targeting approach
  • Means-tested
  • Detailed eligibility criteria
  • Aged 45 or older in 1987. Not in receipt of any other pension or an income, from whatever source, that is regular and equal to the level of the elderly assistance pension. Not engaged in paid work. Employed before 1987 in the informal or seasonal sector.
  • References and notes

2015

National Insurance Services of St Vincent and the Grenadines: Elderly Assistance Benefit (webpage)

Adequacy

2012

Achievements and deficiencies in the implementation of the Brasilia Declaration St. Vincent and the Grenadines

Coverage

2012

HelpAge Calculation

Cost

  • Total cost (local currency)
  • 2,345,850 East Caribbean Dollar
  • Cost as % of GDP
  • 0.1%
  • References and notes

Resources on the pension in Saint Vincent and the Grenadines

Social pensions database

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