Summary

Trinidad and Tobago has achieved nearly universal old-age pension coverage through a combination of contributory and non- contributory pension schemes. The contributory scheme is provided by the National Insurance Board (NIB) while the non-contributory scheme called the Senior Citizens’ Pension (SCP) is provided by the Ministry of Social Development and Family Services (MSDFS). Even if a person has not contributed sufficiently to be eligible for the contributory scheme, the person can rely on an SCP upon complying with the residency and income criteria.