Grenada: PM Mitchell announces Government decision not to appeal pension ruling
Govt of Grenada will not appeal recent High Court ruling, which reinstates public sector pension, establishing a pension entitlement for public employees.
28th of April 2022
![Grenada: PM Keith announces Government decision not to appeal pension ruling Grenada: PM Keith announces Government decision not to appeal pension ruling](https://content.writeups24.com/production/media/3209/2-23.jpg)
Grenada: The Government of Grenada will not appeal the recent High Court ruling, which reinstates public sector pension, thereby retroactively establishing a pension entitlement for public employees who entered the service after 1985.
Prime Minister Dr Keith Mitchell revealed Tuesday night that having considered all the issues, the Government has taken a decision not to appeal but cited the need for national discourse on the matter.
In a national address delivered live to an audience at the Grenada Trade Centre Annex, Dr Mitchell said, “We believe there are ways we can honour the intent of the judgement as it relates to the reinstatement of the public pension. Even while we seek to address going forward, some of the inconsistencies other aspects of the judges seem to create.”
The Prime Minister reiterated the need for broad discussion involving all stakeholders to address what he termed – “the single most defining issue of our time”.
The pension ruling essentially creates a two-pillar pension system for public workers, which in turn puts a substantial fiscal burden on the state.
Dr Mitchell said, “While the fiscal obligations of the court ruling are still being tabulated, preliminary indications are that we will have to find $465 million. And then, on average, about $120 million each year, for at least the next 37 years, and that figure is without considering inflation.”
The Prime Minister affirmed that despite the immense challenge the ruling presents, the Government is committed to finding a fair solution and has started the process of consultation with various stakeholders.
He said, “Government is committed to sitting down with all concerned. This consultative approach is consistent with our posture on matters of national interest,” adding, “We can only have the best outcome by having the most honest conversations- and by all stakeholders being engaged. The Government obviously must lead on this matter, but it puts a reasonable final solution in doubt unless we purposely engage all stakeholders.”
The Prime Minister described as unfortunate the decision taken by some trade union leaders not to participate in discussions with Government on the pension issue but expressed the hope that the conversation with them could get started.
He said, “We remain hopeful that all the unions will join in this national conversation because we know that despite all the disagreements through the years – the one thing that brings us together is our patriotism and our unquestioned love for a nation that has made us who we are. Under the banner of its seven stars, this nation must provide us with the reason to set aside our differences in the interest of wider national objectives.”
Latest
- Jamaica tourism soars in 2024: 4.27 million visitors and $4.35 billion in earnings
-
Saint Lucia welcomes over 7,000 passengers as 4 cruise ships dock in two days -
Julien Alfred set to kick off 2025 season at Diamond League in Oslo and Stockholm -
Mashramani 2025: Celebrating Culture and Creativity as One Guyana -
Caribbean Airlines announces additional flights between Trinidad and Florida for Carnival 2025
Related Articles
![Caribbean leads major reforms to evolve and strengthen CBI Programmes Caribbean leads major reforms to evolve and strengthen CBI Programmes](https://content.writeups24.com/production/media/10110/image-2024-12-06T174858.090.webp)
6th of December 2024
![Windward Jetty Project in Grenada: Construction to start in mid-December Windward Jetty Project in Grenada: Construction to start in mid-December](https://content.writeups24.com/production/media/10091/image-2024-12-04T195252.662.webp)
4th of December 2024
![Grenada: Cricketer Afy Fletcher awarded $80,000 and Diplomatic Passport Grenada: Cricketer Afy Fletcher awarded $80,000 and Diplomatic Passport](https://content.writeups24.com/production/media/10074/image-2024-12-02T175504.281.webp)
2nd of December 2024
![Otway, Fletcher depart Grenada for 2024 World Aquatics Swimming Championship in Hungary Otway, Fletcher depart Grenada for 2024 World Aquatics Swimming Championship in Hungary](https://content.writeups24.com/production/media/10129/image-2024-12-09T220028.563.webp)
![Few days left for travel enthusiasts to avail 25% discount offer by Sunrise Airways Few days left for travel enthusiasts to avail 25% discount offer by Sunrise Airways](https://content.writeups24.com/production/media/10045/image-2024-11-28T114656.193.webp)
28th of November 2024
![Grenada named 2024 Caribbean Destination of the Year Grenada named 2024 Caribbean Destination of the Year](https://content.writeups24.com/production/media/10019/image-2024-11-24T164954.078.webp)
24th of November 2024
![Grenada announces $10.60 price decrease of 100lbs cylinder Grenada announces $10.60 price decrease of 100lbs cylinder](https://content.writeups24.com/production/media/9984/image-2024-11-18T205225.007.webp)
18th of November 2024