Prime Minister Mia Amor Motley. (Photo: Jameel Springer)
Editor’s Pick, News
upon August 26, 2023
Article by Barry Alleyne
Yesterday, Prime Minister Mia Amor Motley declared the government’s latest proposals for pension reform to be fair and reasonable.
But that doesn’t mean the country’s growth can’t adjust if it continues its upward trajectory, she added.
“It can’t happen next year, it can’t happen in the next three years,” she told the Barbadians in an almost two-hour nationally televised address from the Ilaro Court. “However, actuarial reviews such as physical examinations will be necessary.”
The Prime Minister said the government has chosen to protect those who are already 60, but more importantly, that the retirement age will not move to 67.5 by 2028 and 68 by 2034, so Barbadians said the impact on pensions would be extended. .
In addition, Barbados pensioners are by far the best paid in the Eastern Caribbean, she said. (B.A.)
SUBSCRIBE NOW eNATION Full edition.
Download the Nationnews app for the latest stories and breaking news. iOS and android.
