Tag: pensions
CS fully behind new retirement age
(CNS): The deputy governor has said that members of the civil service are “overwhelmingly in support” of legislative changes that pave the way to allow government workers to stay in their jobs and the public service pension scheme until they are 65 years old. Franz Manderson presented two amendment bills to parliament Friday that will […]
New pension bill aims for ‘culture of compliance’
(CNS): With hundreds of local employers failing to comply with their pension obligations, the employment minister hopes a newly drafted proposed pension bill will foster a greater culture of compliance and improve the prospects of retirement for Cayman’s pensioners. Among the numerous changes, including raising the retirement age to 65 and increasing the amount of […]
Pension cases crawl through courts
(CNS): Out of the hundreds of employers believed to be delinquent when it comes to complying with the pensions law, the National Pensions Office is battling with 20 cases that are inching slowly through the court system. Acting Superintendent of Pensions Mario Ebanks updated the latest information on the office website Wednesday, revealing eight new […]
