The Chairman of the Board of Directors of the National Trade Bank of Timor-Leste (BNCTL), Mr. Januário da Gama, participated this Monday in the opening ceremony of the concession of the payment of the subsidy for the Elderly and for People with Disabilities in Gleno, Ermera.

In his speech, the President of BNCTL thanked the National Institute of Social Security (INSS) for inviting the bank to participate, and asked beneficiaries, such as parents, grandparents and people with disabilities, to use the subsidy appropriately and the President requested that they approach the bank to handle the bank account so that they can make deposits, instead of keeping money at home.

During the ceremony, the president of INSS, Mr. Arlindo Pinto, informed that the social pension is a consideration of the State for parents, grandparents, as living heroes, in order to value and dignify their lives. He also highlighted that this year's payment has different categories, according to the amendment to the decree-law that has already been approved. Finally, he asked that beneficiaries use the money in the most appropriate way.

The opening ceremony was attended by Local Authorities, the National Police of Timor-Leste (PNTL), the technical team of INSS and BNCTL, in addition to a total of 10,999 beneficiaries in Ermera.