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flag Trinidad and Tobago to raise pension contributions and retirement age to avoid fund insolvency, affecting future retirees starting 2027.

flag Trinidad and Tobago will raise NIS contribution rates by 3% in January 2026 and again in January 2027, while gradually increasing the retirement age from 60 to 65 by 2036. flag The changes, aimed at preventing insolvency, apply only to those retiring after 2027, with current pensioners and pre-2028 retirees unaffected. flag The government cited rising payouts and asset depletion as reasons for reform, warning the fund could fail by 2034 without action. flag A 0.25% levy on banks and insurers and tax-free private pensions will also take effect in 2026.

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