#Grand Turk, Turks and Caicos Islands – October 18, 2020 — Members of the House of Assembly have approved a temporary unemployment benefit to the tune of $4.2 million through the National Insurance Board and while it helps over 2,000 contributors it could hurt the NIB’s pension fund.
The welcomed stop-gap measure will financially bolster the households of 2,200 contributors who continue to struggle to make ends meet after the coronavirus pandemic crashed travel and tourism; which is the Turks and Caicos Islands’ leading industry.
“In response to the significant increase in unemployment due to
the impact of the COVID-19 pandemic on the economy, the National Insurance
Board was engaged by the Premier and Minister of Finance, Investment and Trade
to provide a resolve. The outcome of those discussions was a proposal to
Cabinet, to establish and fund a temporary unemployment assistance benefit in
the sum of $4.2 million. The National Insurance Board has approved $4.2 million
for payout in unemployment benefits this year,” said Hon Sharlene Robinson, TCI
Premier and Finance Minister in a statement on the historic vote at parliament.
But the concern is whether or not the NIB can afford this whopping, unexpected expense, though temporary.
In the 2018 National Audit
Office (NAO) report for the Turks and Caicos Islands, it explained – long before
COVID-19 – the National Insurance Board needed to significantly increase
earnings now in order to fully finance the NIB’s pension scheme in future.
“How is $362 million in unfunded pension liability going to be financed? This is a significant financial burden for the TCIG. In order to fund this liability, an additional $18 million per annum would have to be set aside at least for the next 20 years and possibly more in order to fund this unfunded portion. The other alternative would be some aspect of pension reform which has been recommended in the 8th Actuarial Report for NIB.” – Excerpt from the Executive Summary of the Audit Year Ended March 2018 report produced by the NAO.
The 8th Actuarial
Report of the NIB recommended that pension reform was mandatory as the
workforce contributor base is forecast to shrink by 15 per cent while
pensioners will increase eight fold, from four percent to 24 per cent of the population.
The Minister of Finance explained this COVID-19 provision has been researched and will not terribly offset NIB’s solvency.
“The Turks and Caicos Islands Government requested its actuary to
produce a feasibility paper on the introduction of an unemployment insurance
provision to the Turks and Caicos Islands National Insurance System to which
the Actuary concluded that an unemployment insurance programme seems feasible.
It is the Actuary’s belief that adding the programme to the current TCI
National Insurance System would have no significant impact on the financial
sustainability of the system as it currently exists.”
Only those who have been terminated or laid-off are qualified for the financial help. The beneficiaries would have made at least 250 contributions or five years of payments to NIB and will get 50 per cent of their previous weekly insurable wage.
It is projected the payments will last for eight weeks or until
the fund runs out of cash.
The Premier commenting on the Bill stated, “The National
Insurance (Amendment) Bill 2020 is a remarkable and important initiative that
my Government is proud to have delivered to the people of these islands. We
believe that there is no better time to roll out this programme than now – when
our people are in urgent need of further support amidst this COVID-19 pandemic.
The implementation of a permanent unemployment benefit has also been agreed for
April 2022. I wish to thank the Ministry of Finance and the National Insurance
Board who has worked hard to ensure that this programme is progressed to
completion.”
At this time, the NIB Unemployment Benefit will not support contributors who are still employed but receiving only a percentage of pay, nor will it pay out to the self-employed category of contributor.
No date was given on the start of the unemployment payment plan by the NIB, which was approved in the House of Assembly on Tuesday October 13, 2020.
Magnetic Media is a Telly Award winning multi-media company specializing in creating compelling and socially uplifting TV and Radio broadcast programming as a means for advertising and public relations exposure for its clients.
Turks and Caicos, October 03rd, 2024 – The Royal Turks and Caicos Islands Police Force (RT&CIPF) wishes to announce the following temporary leadership changes as Commissioner of Police Edvin Martin has proceeded on six weeks of leave.
Deputy Commissioner (DCP) Rodney Adams will serve as Acting Commissioner from October 1 to October 6.
Following this, Assistant Commissioner (ACP) Kendall Grant will take over as Acting Commissioner.
Furthermore, effective October 7, 2024, the Force welcomes the temporary appointment of a second DCP, Fitz Bailey. Mr. Bailey is a former DCP from the Jamaica Constabulary Force (JCF) with over 40 years of policing experience. The appointment is for a period three months and will provide further resilience to the Force Executive at this time.
During his career, Mr. Bailey has led the following portfolios: the Criminal Investigation Branch (CIB), the Intelligence Branch, the Counter-Terrorism and the Organised Crime Investigation
Branch (C-TOC). He was instrumental in reviewing and reorganising the JCF’s Crime Reporting and Case Management Policy and established a Cold Case Unit.
Mr. Bailey holds a Master of Science in Psychology and Criminal Investigation from the University of Liverpool, a Master of Science in National Security and Strategies from the University of the West Indies, Mona, and an Associate Degree in Accounting from the Management Institute for National Development.
Commissioner Martin stated: “Acting arrangements have been put in place to cover the period of my absence. The Force Executive has been fully briefed and will continue to maintain the strategic goals and objectives of the Force while at the same time ensuring the welfare of all staff”.
Turks and Caicos, October 3, 2024 – The Office of the Deputy Governor is proud to announce Ms. Detresha Cox’s appointment to the position of Assistant Commissioner of Labor with the Ministry of Border Control and Labor.
Ms. Cox holds a Bachelor of Science degree in Labor and Employment Relations from the University of the West Indies, Cave Hill (2023), which has provided her with in-depth knowledge of labor laws and standards. She is currently pursuing a Master of Science in Development Studies, concentrating on Governance and Public Policy at SALISES, UWI Mona, further enhancing her expertise in the field.
Upon returning home from University, Ms. Cox served as a Senior Labor Inspector, a role in which she honed her skills in applying theoretical knowledge in real-world settings. In this position, she managed labor disputes, mediated conflicts between employers and employees, conducted workplace inspections, and ensured compliance with occupational safety and health standards. Her academic grounding and her hands-on experience have equipped her with a deep understanding of labor issues and the leadership skills necessary for her new role.
Ms. Cox, on her new role said: “I am incredibly honored and deeply grateful for the opportunity to serve as the Assistant Commissioner of Labor. This appointment is a great honor, and I am committed to using my knowledge and experience to contribute meaningfully to the department’s mission and the nation’s labor policy of enhancing labor relations and promoting equitable employment opportunities. With a focus on policy development, compliance, and fostering strong partnerships with stakeholders, I will work diligently to ensure the department continues to meet the needs of both employers and employees. My dedication to public service remains unwavering, and I look forward to driving positive change in the workforce. I want to express my sincere thanks for the overwhelming support and well wishes received; this encouragement has been a constant source of strength. As I step into this role, I believe that success is not just about what you accomplish but what you inspire others to do. Together, I look forward to building a brighter future for our workforce.”
Deputy Governor and Head of the Public Service, H. E. Anya Williams, remarked on Ms. Cox’s appointment, saying, “With extensive knowledge, a qualified educational background in Labor and Employment Relations, hands-on experience, and a commitment to advancing labor relations, Ms. Cox is poised to make significant contributions to the Ministry of Border Control and Labor. Embodying the qualities of a public servant—dedication, expertise, and a genuine commitment to uplifting the workforce. We are excited to see Ms. Cox lead as Assistant Commissioner of Labor and contribute to the continued advancement of labor standards in our community. We look forward to Ms. Cox’s contributions in her new role and are confident that she will greatly benefit the Ministry of Labor and the workforce at large.
Congratulations, Ms. Cox, on this well-deserved promotion.”
“The EUD has embarked on a comprehensive consultation program with key stakeholders to the RE Bill, including all residents of the Turks and Caicos Islands,” explained EUD Commissioner Delano R. Arthur. “The program begins today with our request for your initial written feedback on the draft RE Bill, and continues throughout October with public meetings in communities across the country, a 5-part educational series that breaks down the key aspects of the proposed Bill, a brief survey to gauge your perspectives on both the RE Bill and solar development here in TCI, and more. We want to ensure residents have every opportunity to understand this important proposed legislation.”
The RE Bill puts legislated structure in place that enables a safe, reliable, and sustainable energy supply for all TCI residents, today and in the future:
It establishes a competitive government-managed procurement process for future large-scale renewable energy supplies
It enables homes and businesses to install small-scale renewable energy generators such as solar PV to meet their needs, and sell surpluses back to the grid
It makes it necessary for anyone who wants to produce renewable energy to get a license.
It outlines the rules for connecting renewable energy systems to the electricity grid, ensuring grid stability, safety and fairness.
It establishes an Energy Levy Fund which will collect a small fee from large-scale renewable energy producers to support new community renewable energy projects and research.
“With this Bill, our overarching goals are to reduce our reliance on fossil fuels, increase energy diversity, enhance energy security, and support the country’s transition to a more sustainable energy future,” added Commissioner Arthur. “It will provide a framework for renewable energy systems including licensing and interconnection, as well as the development of integrated resource planning for the energy sector in the Turks and Caicos Islands. It’s an important piece of legislation that will impact us all.”
The schedule of public consultation sessions, hosted by the EUD Commissioner and his team, will be shared via the EUD’s social media channels and in print media in the coming days and throughout October.
“The resources we are making available to you will help you better understand the RE Bill and how it impacts you,” continued Mr. Arthur. “We encourage you to engage fully – to review the materials and share your written feedback over the coming weeks, and join us in your local church basements and community halls when we come out to see you in October. These smaller, face-to-face sessions provide the best opportunities for meaningful conversation on our country’s energy future.”
TCI residents have until Friday, October 25, 2024 to provide initial written feedback on the draft Renewable Energy and Resource Planning Bill 2023. The Bill and associated materials may be found at https://www.gov.tc/eud/. Further, residents are encouraged to follow the EUD’s social media pages for the RE Bill survey launch in mid-October, and for details on public meetings in communities across the country.
Feedback on the Renewable Energy Bill can be sent to the following email address eudconsultation@gov.tc.