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IRC to Distribute Elders Benefit Payments on December 2

 

(Inuvik, NT) November 22, 2019 – Elders Benefit Payments of $500 are available each year in December to all Inuvialuit beneficiaries over the age of 60.  Inuvialuit Regional Corporation will be distributing payments to Community Corporations, mailing payments to those outside the Inuvialuit Settlement Region, and electronically depositing payments to those registered for direct deposit December 2.

Depending on your current location, and whether or not you applied for direct deposit, this could factor into when you receive your payment:

Did you sign up for direct deposit? If you are an Inuvialuit beneficiary over the age of 60 who has registered with IRC for direct deposit, your payment will electronically transfer directly into your bank account. Contact IRC if your electronic fund transfer is later than December 2.

Do you reside inside the ISR?  If you are an Inuvialuit beneficiary over the age of 60 currently living in the ISR, your payment will be received by your community corporation for distribution. Please contact them for the exact date in which they will make the payment available to you.

Do you reside outside the ISR? If you are an Inuvialuit beneficiary over the age of 60 currently living outside the ISR, your payment will be mailed on December 2. You should expect to receive your payment shortly after this date.

The Elders Benefit Payment is paid from the interest income of the $7.5 million Inuvialuit Social Development Fund.  In December 2019, there will be 677 Inuvialuit beneficiaries receiving Elders Benefit Payments.

If you have questions concerning the Elders Benefit Payment, please contact:

Inuvialuit Regional Corporation, Legal and Enrolment at Tel: (867) 777-7000.

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For media inquires, please contact:

Elizabeth Kolb

Communications Advisor

Tel: (867) 777-7055

Email: ekolb@inuvialuit.com