payments of state pensions on behalf of IOM Government

Summary

The request sought information on the costs of issuing cheques for state pensions to Isle of Man residents living abroad. The Treasury disclosed that the annual cost is approximately £2,400 and noted that electronic payment options are being explored.

Key Facts

• The total annual cost to the Isle of Man Treasury for issuing overseas pension cheques is approximately £2,400.
• This cost includes cheque production, envelopment, and postage.
• The Treasury is currently exploring replacing cheque payments with electronic payments for overseas pensioners.
• The request was received on 29 August 2018 and responded to on 31 August 2018.
• No information was withheld; all requested data was provided.

Data Disclosed

• £2,400
• 29 August 2018
• 31 August 2018
• 564138

Original Request

Please provide information on costs of issuing cheques for payments of state pensions on behalf of IOM Government to persons living abroad.

Data Tables (1)

Full Response Text

Freedom of Information Seyrsnys Fysseree

The Treasury Government Office, Douglas Isle of Man, IM1 3PU

Telephone: (01624) 685605 Email: FOI.Treasury@gov.im

Government Website: www.gov.im

Our ref: 564138 31 August 2018

Dear ###

We write further to your request which was received on 29 August 2018 and which states:

"Please provide information on costs of issuing cheques for payments of state pensions on behalf of IOM Government to persons living abroad."

Response Based on current rates and charges, the total cost to the Isle of Man Treasury of issuing cheques for payments of state pensions to persons living abroad is approximately £2,400 per annum. This includes the various costs of producing the cheques, their envelopment and their postage. Although not the subject of your application, you may wish to note that the Treasury is currently exploring the possibility of replacing cheque payments for overseas pensioners with electronic payments.

Please quote the reference number 564138 in any future communications.

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Yours sincerely