Government is "eyeing" options, including allowing people to choose to retire at various ages from 60 onwards, in its bid to secure the National Insurance (NIS) fund.
But there's definitely no recommendation or consideration to reduce the NIS pension.
Minister in the Ministry of in Finance Alyson West confirmed the positions yesterday when asked by the T&T Guardian about recent concerns about the NIS system/retirement age voiced by the Opposition and labour leaders prior to, and during Labour Day.
Opposition Leader Kamla Persad-Bissessar has accused the PNM of wanting to use Venezuelan migrants to steal upcoming elections.
Persad-Bissessar, who is also the UNC leader, was at the time delivering the feature address when Ummah TT/Muslim Federation held its annual Eid Dinner on Sunday night June 23, at the Felicity Diplomatic Centre, Chaguanas.
She said the government is seeking to pass legislation that would give the aliens the right to vote.
The Tobago House of Assembly (THA) wants $4.72 billion to run Tobago's affairs for the financial year 2019/2020.
Of that sum, the THA is projected to collect $212.9 million in taxes and non-taxes in Tobago.
This from Finance and the Economy Secretary Joel Jack as he presented the draft estimates for revenue and expenditure at the THA's 27th Plenary Sitting held in the Assembly Chamber, Jerningham Street, Scarborough on Monday, June 24.
The Movement for Social Justice (MSJ) political leader David Abdulah has lamented that 90 per cent of workers have not had a wage or salary increase in the last six years, even while the Parliament debated pension increases for retired judges, MPs, prime ministers and presidents.
He said this was one of the many issues the working class faces under an inequitable economic system that the PNM and UNC have subjected the country to, as he called on thousands to participate in today’s Labour Day celebrations.
The fast ferry HSC Jean de la Valette has arrived safely in Trinidad and Tobago.
The vessel docked at the Port of Port-of-Spain shortly after 8 am after a journey from Spain that started last Friday.
A statement from NIDCO said the vessel will now undergo routine inspection and clearance by Customs and Excise and the process of acquiring relevant approvals and training of local staff as required for the vessel’s operation will start.
The Movement for Social Justice (MSJ) says it will contest all 114 electoral districts in the upcoming Local Government Elections and 41 constituencies in next year’s General Election as it seeks to overthrow the People’s National Movement (PNM).
Nominations for candidates will take place at the party’s headquarters from July 1 to 31 between 9 am and 4 pm. Forms are available at the headquarters and online. Candidates will be screened following nomination.
Chief secretary of the Tobago House of Assembly (THA) Kelvin Charles is assuring Tobago residents affected by the construction of a new terminal building and associated works at the ANR Robinson International Airport that the THA will provide support to ensure the smoothest possible transition.
T&T President Paula-Mae Weekes will stand to collect a pension of $1.4m annually under Government’s proposed pension amendments, UNC Senator Wade Mark said yesterday.
He said the Opposition had calculated the benefits to be accrued under the pension amendment proposed by Government for increased pensions for the Prime Minister, President, judges and legislators.
Government is “trying to ensure” it has sufficient resources at its Caracas embassy to process visa applications for Venezuelans. But some Venezuelans have appealed for a brief waiver for those travelling this week since visa information is not forthcoming from the embassy.
National Security Minister Stuart Young yesterday spoke about trying to “ensure sufficient resources” to process the visa applications.
UNC MP Fuad Khan, who said he shares the same beliefs as colleague Ganga Singh, chose to leave the Parliament on Friday before the vote on Government’s pension amendments “because I didn’t want to be subjected to the vote, on this. Had I been there, I don’t know what I’d have done” Khan added yesterday.