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NIA Payouts Over 4 Million in Gratuity to Non-Established Workers

Carib Chronicles by Carib Chronicles
September 16, 2024
in Local News
0
NIA Payouts Over 4 Million in Gratuity to Non-Established Workers

Premier Delivers on Promise to NE Workers

Government Achieves Significant Milestone

As I feel particularly proud as Premier of Nevis that I and the Cabinet that I lead were able to come up with a plan, said Premier the Honourable Mark Brantley, Minister of Finance and Human Resources, at his recently held monthly press conference, that sought to give our Non-Established Workers some comfort, some dignity, and has allowed them to proceed into retirement with something in their pockets and an expectation of some payment on a monthly basis.

Numbers Speak for Themselves

Since the implementation of the plan, we have so far benefited some 80 Non-Established Workers under this scheme introduced by this Administration and so far, we have paid out to those workers some 4.1 million dollars in gratuity. This is a significant achievement that demonstrates the government’s commitment to the welfare of NE Workers.

Ongoing Commitment

According to the Premier, the data provided was as at July 2024. He further informed that the NIA is currently paying around $82,390 per month or $988,680 per annum in pension benefits to NE Workers. The NIA took the decision to implement the NE Workers retirement benefits package in September 2022. Prior to that NE Workers would have retired empty-handed after working for decades in the public service.

Achieving a Historic Milestone

“I want the public to understand that this was a significant financial commitment by the NIA. Many people have talked about it. There has been chatter about doing something better for NE workers for years. This government has delivered,” Premier Brantley stated.

Conclusion

The government of Nevis has made good on its promise to non-established workers, providing a safety net for those who have dedicated their careers to public service. This commitment to the welfare of all citizens is a testament to the government’s dedication to the well-being of all Nevisians.

FAQs

Q: How many Non-Established Workers have been benefited from this scheme so far?
A: 80

Q: How much has been paid out in gratuity to these workers so far?
A: $4.1 million dollars

Q: What was the previous situation for non-established workers before the government’s intervention?
A: They would have retired empty-handed after working for decades in the public service.

Q: What is the NIA’s current pension benefits payment to NE Workers?
A: $82,390 per month or $988,680 per annum

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