PHILIPSBURG:--- Earlier this year, SZV announced that the monthly AOV and AWW pension pay date would take place on the 1st of each month. Numerous concerns within the community were voiced about this, primarily the concern of pensioners receiving their payments late.
Together with the team of SZV, the Ministry of VSA was able to discuss these concerns.
Today, the Minister of VSA, Omar Ottley is happy to inform the public, that SZV will be making a change in the monthly pension payment schedule.
The change is as follows:
• The monthly AOV and AWW pension will be paid in advance, on the 28th of each month, excluding public holidays and weekends.
• All pensioners with a local bank account (Dutch SXM) can expect to receive their pension pay, in advance, on the 28th of each month.
• Pensioners abroad or those with an international bank account can expect their payment a few days later, based on the processing time of their international bank.
This change will go into effect immediately, which means that the pension payment for the upcoming month of June will be available on the 28th of May.
SZV will publish the new payment schedule today, on their website www.szv.sx, Facebook page and other media channels.
Minister Ottley would like to thank the team of SZV for their timely cooperation with the Ministry of VSA to come together to achieve this result. A result, the Minister hopes will be a comfort to our pensioners.