Tag: Department of Labour and Pensions
DLP investigating Pensions Law breaches
(CNS): Following the recent Public Accounts Committee hearings and a number of public complaints about some pension plan administrators not following the law in relation to the pension withdrawal scheme, the Department of Labour and Pensions (DLP) has said it is reviewing the situation. “Multiple pension plan administrators” were being checked, officials said, to ensure […]
Pension boss justifies withdrawal fees
(CNS): Varying fees being charged by private sector pension funds to people accessing their cash to help them weather the COVID-19 economic collapse, in line with the recent change to the law, were defended by government’s pensions boss on Wednesday. Concerns have been raised that some pension administrators are taking advantage of members by charging […]
‘Culture change’ needed on private pensions
(CNS): Public Accounts Committee member Chris Saunders made it clear to regulators today that the culture surrounding Cayman’s mandatory private sector pension funds needs to change. Saunders, who has been a vocal advocate against the system, said the Department of Labour and Pensions (DLP) did not have the resources to police the plans where administrators […]
Tribunal breaches statutory timelines
(CNS): Almost a dozen cases before the Labour Appeals Tribunal (LAT) missed the statutory deadline, Ombudsman Sandy Hermiston has found following a maladministration investigation by her office. Despite breaching the statutory timeline for cases to be heard 11 times, there will be no consequences for the tribunal but officials have agreed to implement the directions […]
Pension firms face 14,000 requests in a week
(CNS): Pension administrators managing the nine different pension funds for private sector workers have faced a barrage of emails and messages in the wake of the new law passed by government to allow people access to their money during the COVID-19 health emergency. Deputy Director of Pensions Amy Wolliston said they were all in a […]
Bosses must follow labour law
(CNS): With mounting anecdotal evidence that local workers and permit holders are being unfairly treated by bosses during the national crisis created by COVID-19, the labour department is warning employers to follow the law. From workers being forced to use up vacation during the temporary shutdown to people being fired without getting a cent, some […]
New Labour & Pensions website launched
(CNS): The Department of Labour and Pensions (DLP) has launched a new website and created a Facebook page to help people navigate the new legal environment surrounding the minimum wage and pensions following the implementation of the Labour (National Minimum Basic Wage) Order in March and the passage of the National Pensions (Amendment) Bill, 2016 […]
No minimum wage infractions reported yet
(CNS): Enforcement officers from the Department of Labour and Pensions have begun inspections to make sure employers of low-paid workers are not paying employees less than the new national minimum wage of $6, and so far employers appear to be complying with the law. By this weekend, the inspectors will have completed the first 21 […]
OCC presses staffing board to explain decisions
(CNS): The Office of the Complaints Commissioner has revealed in its latest work report that, following complaints by members of the public, it has made a number of recommendations over the past year to the Business Staffing Plan Board to provide clear explanations for the decisions they make and that they should formally document and […]
New local labour boss appointed
(CNS): Bennard Ebanks has been appointed as the director of the Department of Labour and Pensions (DLP) in the employment ministry, government revealed Tuesday. CNS understands that Ebanks will also be Acting Pensions Superintendent. A long-time civil servant who began his career with the police, Ebanks has also worked in both immigration and labour. He replaces […]
Retirement home denies labour infractions
(CNS): The Pines Retirement Home has denied that it is mistreating staff and has accused former disgruntled employees of stirring up a malicious campaign against the George Town charity. Although the labour department has confirmed that it is in the preliminary stages of an enquiry, it said that no formal complaint has been filed with […]
