Having staged a third march yesterday in protest of the Government’s attempt to increase the national retirement age, organisers say they are prepared to ramp up action if Government does not adjust its stance.
This is according to former Senator Lynette Eastmond, who said Government failed to answer their questions surrounding the National Insurance Scheme (NIS).
Meanwhile, fellow organiser and trade unionist Caswell Franklyn said he was prepared to keep the issue on the boil for as long as it takes to effect change in the proposed legislation.
Speaking to the media at the start of yesterday’s march, which began at Pelican Village and ended at Golden Square Freedom Park in The City, Eastmond did not go into detail as to what further steps were being considered. . .
What appeared in the beginning to be just scores of people gradually increased to about 300 marchers moving through The City. (CLM)
The age increase for pension will be applicable for persons born 1985 to current timeline, person’s born 1986 and older will assume the customary “cash-out” threshold.
The perk for person’s 1985 to current timeline will be special application access to allow individuals to request funds in installments for their families education, medication and national duties. The applicant can apply for A maximum of up to (2) two individuals and with atleast 60 days in advance of the actual date that the funds are being requested for.
It is advised that the perk can only be activated by person’s who reach the 65 year old threshold and only once in a 6 month period.
The recommended payout should not vary based on contributions but rather a stornched rate not exceeding $2500 within the 6 month period.