Arias Boosts Pensions For Poverty Stricken
President Oscar Arias has expanded a program that gives health care and a monthly cash transfer to senior citizens, invalids, widows and orphans in conditions of extreme poverty.
Arias announced Wednesday that the monthly transfer will increase from $100 to $115, retroactive to March 1, and that 400 new beneficiaries would be added each month. Some 75,500 people are now part of the program, which is credited with helping to reduce poverty from 20.2% to 16.7% in the year ending last July.
The program, administered by the State Social Security System (Caja) since 1974, has expanded three times during Arias’ administration. Transfers doubled to about $70 a month in July 2006, then increased to $100 a month in June 2007, said program director Roy Retana.
You may be interested
Pic of the Day: Costa Rica’s Isla Nublar (aka Cocos Island)Alejandro Zúñiga - April 18, 2019
Isla Nublar, the setting for much of the "Jurassic Park" series, is unfortunately not a real Costa Rican island. Cocos…
Costa Rica holds Maduro regime responsible for diplomat’s safetyAFP and The Tico Times - April 18, 2019
The Costa Rican Foreign Ministry said on Wednesday that it places responsibility with the Venezuelan government of Nicolás Maduro for…
Venezuela withdraws diplomatic credential from Costa Rican diplomatAFP and The Tico Times - April 17, 2019
Venezuela withdrew the diplomatic credential from the Costa Rican chargé d'affaires on Tuesday in retaliation for the country’s acceptance of…