Pension Reform: PM announces decision to freeze Means Testing

In a statement made in the National Assembly today, the Prime Minister and Minister of Finance, Dr Navinchandra Ramgoolam, has announced the decision to freeze the Means Testing as outlined in the Budget Speech 2026-2027.

“After my Budget Speech of last Friday, I have listened to the views and heard the views of the population to the proposed measures regarding Pension Reform. The population has already clearly realised the unsustainability of the Basic Retirement Pension as we have known it”, he said.

The Prime Minister stated that this decision has been taken after meeting a number of Ministers, with the technicians on Pension Reform and those of the Ministry of Finance, to discuss the matter further.

“I have taken on board the suggestions made. Anxious of the concerns of the people, whilst it will have consequences both on the budget deficit and on the public sector debt, we have decided to freeze the Means Testing proposed”, he stated.

22 June 2026

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Topics: National Assembly