Tag: National Pensions Board
Private pensioners get access to more of their cash
(CNS): Residents living on private sector pensions can now access marginally more of their own money this year as the Department of Labour, in consultation with the National Pensions Board, approved an increase in the 2024 Retirement Savings Arrangements (RSA) disbursement figure from CI$14,125, the current maximum annual payout, to CI$15,000, effective 1 June.
New pension raid justified by poor performance
(CNS): A proposal to allow people to use their pensions to pay down mortgages or for a deposit to buy their first property is justified because of the poor performance of private pension funds that non-government workers are forced to pay into each month, Chris Saunders MP said in parliament last Friday. Despite some reservations, […]
Lawyers to head immigration boards
(CNS): Government has made several more appointments to some of the country’s most important boards. According to a government gazette published yesterday, lawyers will be heading up the main immigration boards. Maxine Bodden has been appointed as chair of the Work Permit Board, Richard Barton now chairs the Business Staffing Plan Board and Steve McField […]
