AMENDMENTS TO THE COST-OF-LIVING RELIEF POLICY

Providenciales, Turks and Caicos Islands – Thursday, 27th March 2025: The Ministry of Finance, Investment and Trade is pleased to announce important amendments to the Cost-of-Living Relief (COLR) Policy made by the Government of Turks and Caicos Islands.

In a recent Cabinet meeting, the following adjustments were made to ensure broader coverage and support for individuals in need:

1. Inclusion of Provision for Deceased Persons’ Estate

Cabinet has granted approval for an amendment to the Cost-of-Living Relief Policy, which now includes a provision allowing the issuance of relief cheques to the estate of deceased persons, provided the required criteria are met. This measure will help ensure that families who are managing the estates of deceased individuals will not be left without support during this difficult time.

In accordance with the criteria set for this provision, the following is required for collection of the cheque:

• Letters of Administration,
• Proof that the person was approved for the COLR programme (approval letter issued during the approval process), and;
• Proof that the person died after the cheque was printed (copy of the death certificate of the applicant).

2. Extension of Relief to Individuals Receiving Extended Medical Care Abroad

Additionally, Cabinet has agreed to extend provisions to individuals who are currently residing outside of the country for extended medical care through the National Health Insurance Board (NHIB).

To ensure the validity of these claims, the following is required for verification:

• Proof that the person was approved for the COLR programme (approval letter issued during the approval process),
• Copy of applicant’s valid government-issued ID,
• Confirmation letter from the NHIB, confirming the individual’s medical status and location, and;
• Written and signed letter of authorization for the identified person to collect the COLR cheque.

Authorized persons collecting on an individual’s behalf will also need to present a valid government-issued ID to treasury officials to facilitate collection. All uncollected cheques will be voided and cancelled on 20th June 2025.

These amendments reflect the Government’s ongoing commitment to ensuring that all eligible individuals, regardless of their circumstances, receive the necessary financial support during challenging times.

For more information about the Cost-of-Living Relief Policy, including submissions and requests on how to apply for support under these new provisions, please contact colreliefsupport@gov.tc.