Retrenched Caribbean Broadcasting Corporation (CBC) and Transport Board employees should receive their severance pay before month end, in time for them to celebrate Old Year’s night in style.
The National Insurance Board (NIB) has approved the payment of $5 161 451.91 for the 132 severed employees – 100 from CBC, 22 from the Transport Board and ten others from four different companies – at a meeting on December 17. And these cheques, with a few totalling more than $100 000, should be in each claimant’s hands by December 31.
NIB chairman Ian Gooding-Edghill confirmed this on Saturday, explaining that board representatives met with the management of the affected state-owned enterprises on November 6 and encouraged them to file applications and related information with the NIB to secure severance for the displaced workers.
He added that if the Barbados Agricultural Management Co Ltd (BAMC) had submitted the applications for their severed workers in sufficient time, they too would have been able to get their severance money before 2019. (SP)
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