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NUGFW: Raise the retirement age
Officials of the National Union of Government and Federated Workers (NUGFW) and the National Trade Union Centre (Natuc) want the retirement age to be increased to 65.
At a news conference yesterday at NUGFW’s Port-of-Spain headquarters, President General James Lambert said not all trade unions supported Joint Trade Union Movement leader Ancel Roget’s call for the retirement age be kept at 60.
“We are of the view that the time has come that the National Insurance Board (NIB) make a recommendation pertaining to carrying the age (to 65), because they are losing money which they cannot afford to pay.
Carry the age back to 65 to give some room,” he said.
Lambert also called for pension plans to be implemented for daily-rated workers in the public sector.
He was supported by Natuc General Secretary Michael Annisette who said severance had a special connotation and rationale that “has nothing to do with a pension benefit.”
“There are two types of pension plans. You have the defined pension plan and the defined contributory pension plan which are operated all over the world. What the NUGFW is asking for is not unique or uncommon,” he said.
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