Government has to date made approximately $195.5 million in payments to CLICO and BAT Executive Flexible Premium Annuity (EFPA) contract owners with contracts valued at $75,00 or less. This represents payments to 6207 persons. Over 80% of persons have chosen to have their payments deposited directly into their bank accounts and this has happened successfully. Approximately 300 persons are being processed daily at payment centres throughout Trinidad and Tobago.

Documents

Almost $200 million paid out to CLICO EFPA contract owners (PDF)