Government is trying to find “a humane solution” to the situation confronting hundreds of retirees who served on statutory boards and have been advised they will be getting one pension instead of two.
Several affected retirees, some of whom were getting two pensions for several years, recently received letters informing them that, according to the law, they were entitled to only one pension.
Addressing the issue at his St Michael South Constituency branch meeting on Sunday night, Prime Minister Freundel Stuart pointed out that Government had to correct the situation because “millions of dollars are involved”.
He said a man had spoken to him about the matter at a funeral last Saturday.
“Both he and his wife were getting two pensions,” Stuart told the gathering. “They just got a letter saying it was a mistake and that he is going to lose $1 600 and his wife will lose $1 000.
“We have talked about this at Cabinet and we have to find a humane way out of all of this, but the truth is the law requires if you came into the Public Service after September 1, 1975, on a statutory board you should only get one pension.”
Read the full story in today’s DAILY NATION.
