Basseterre, St.Kitts (Team UNITY Communications):-Dr the Hon Timothy Harris, Leader of Team Unity is expressing concern over the depletion of monies in the Severance Payment Fund. Dr Harris said workers timely severance payments cannot occur unless the Severance Payment Fund has money from which our workers can be paid.
“I am concerned that our Director of Audit has revealed that as at the end of December 2012, the Severance Payment Fund was further in deficit; it had overspent its money and was now in a deficit/overdraft situation of $5.4 million. This is over $3.7 million worse off than in 2011. The Severance Fund is out of money,” said Dr. Harris.
The Team UNITY Leader continued “Our workers in the factories, hotels, restaurants, in the construction sector will find because there is no money in the Fund, they are getting a long run around to get their severance. The fact that this Fund could be so depleted at this time when the economy is weak and workers are being sent home from Lutron Liamigua and other factories, is an indication that the Douglas Regime is not taking our workers seriosuly. They are too busy double dipping, renting their homes to foreign recruits of the government and renting their condos to be bothered with the workers.”
Dr. Harris went on to highlight the fact that while the Severance Fund has been depleted millions have been provided to foreign entities on the Southeast Peninsular.
“While the Severance Fund is broke, our government gives $42 million to its financiers on the South East Peninsular. The illegitimate government has its priorities wrong. Foreign interests are prevailing over local people. This year in an effort to fool workers the illegitimate Douglas regime added the obligation to pay long service gratuity to the Severance Fund. Not one cent extra was provided to the Fund. If the Severance Fund is depleted to the tune of $5.4 million dollars, then it cannot sustain any gratuity payments nor can it help workers,” lamented Dr. Harris
Harris declared, “A Unity government will do more to ensure fair and decent treatment of our workers. We will provide resources immediately to put the Severance Fund on a sound footing. We will grow the economy to provide full time work with decent pay for our workers. We will monitor and replenish the Severance Fund to ensure that it can meet its commitments.”
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