BCC Attributes Pension Payment Delays to Cashflow Issues

The Business Centre Corporation (BCC) has attributed delays in pension payments to a recent cashflow issue, according to Deputy Managing Director Samih Adam.

Documents obtained by activist Afrah Ismail through the Right to Information (RTI) Act show that the last pension payment was made on 18 September 2025, totalling MVR 151,006.96.

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Samih said the company has resolved the cashflow problem and is now working to clear the backlog. “We are in regular communication with the Pension Office and are processing payments for each month separately, as it is against policy to pay all outstanding amounts in a single transaction,” he said.

The Pension Office confirmed in a document shared in response to the RTI request that it has been in dialogue with BCC regarding the delayed payments.

Employees affected by the delays are expected to receive monthly payments sequentially until the backlog is cleared. Samih said the company is prioritising pension payments alongside other financial obligations to minimise disruption for staff.

The RTI documents highlight the scale of the delays and have drawn attention to the need for timely disbursement of employee benefits. Activists and employees have called for greater transparency to prevent similar delays in the future.