Kuwait announces new pension hike for retirees from August 1.
KUWAIT CITY, July 27: The Public Institution for Social Security (PIFSS) announced on Sunday that the next pension increase of KD 20 (approximately USD 65.4) will be disbursed starting August 1.
In a post on its official ‘ X’ account, the PIFSS confirmed that the increment will cover Kuwaiti retirees as well as individuals treated as Kuwaitis. It will also include those eligible for pensions based on their entitlement percentages.
The institution clarified that the pension increase will be deposited automatically, and beneficiaries do not need to take any action or visit the PIFSS to receive the additional amount.