Second Round of Payment for Unemployment Relief
As many as eighty-three thousand persons applied for the Unemployment Relief by the time the portal closed. A second round of now payment is being prepared for persons eligible to receive financial assistance from the Social Security Board under the COVID-19 Unemployment Relief Program. Chairman, Doctor Colin Young told News Five today that almost forty-three thousand applications were approved by the Oversight Committee and forty thousand have been paid by the S.S.B. The latest figures are as of last Friday when the programme reached a ten million dollar disbursement milestone.
Colin Young
Dr. Colin Young, Chairman, Social Security Board
“As of May 22nd, 2020, that’s last Friday, S.S.B. has received a total of forty-two thousand, eight hundred and twenty-eight transactions for processing for the COVID-19 unemployment relief programme. Of that amount, the board has paid forty thousand, one hundred and four [dollars] or ninety-three or ninety-four percent of all the transactions received from the taskforce. You’ll note that that leaves about two thousand, seven hundred and twenty-four transactions that have been rejected and the reasons for rejections are because people have wrong names, incorrect bank account information and in some cases, banks accounts that they wrote down on their forms have been dormant or have been inactive. And so, as a result, those transactions come back to social security and the staff then has to take a number of actions to try to contact those persons to get them to correct that information so that the payments can go through. So in terms of dollar figure as of last Friday, a total of ten million, eight hundred and forty-five thousand, six hundred and two dollars has been paid out o those persons.”
