Ode to Lack of Transparency @NIS

The BU Intelligentsia is a talented crew. If there is doubt the following Ode was posted to the Walter Blackman’s Political Insights blog by the man from the Great White North.

“The time has come”, the Walter said,
‘to talk of many things’
Of NIS, and severance and quivering rears
Of politics and of stings
And why the ? LP’s always rule
And whether touts can sing.

“But hold your horse” the rum shop cried
Before we shoot the breeze
For some of us party hacks,
And most are retirees
“No hurry” said the Blogmaster,
And they thanked him for the ease.

“Analysis by colour” the rum shop cried
Is chiefly what we require
Pepper and Salt otherwise
Fulfill much of our desire
Whatever the intended topic
Let skin tone fuel our fire.

The winds today are rather cold
And snow covers the town.
To add to all this Covid mess.
the city’s once again in lock down.
So with little else to do
I sit and watch the discussion on hue.

NorthernObserver

237 comments

  • It has taken COVID-19 to bring focus to the important NIS fund. For years we have allowed successive governments to manage the fund as their piggybank. The chickens have come home to roost. Deal with it!

    Like

  • While the NIS continues to be raised and now has become impaired the GENEROUS pensions of politicians are are being funded unconditionally from the consolidated fund with now changes to requirements i.e. number of terms, age etc.

    Do we like being cheated so?

    Like

  • As. Hal has been quick to point out
    It will all end in tears
    The National insurance scheme wil be forever be known as the National Insurance Scam
    A fund that allowed the big ups to eat from the trough while the poor stand outside begging for their money
    What a dismal work of affairs
    Outside of asking people to contribute more the fund would at some time dry up like a swamp lacking water
    Somebody should be locked up

    Like

  • Here is another important tribunal established to ensure workers rights are safeguarded being hamstrung – successive governments (for the partisans)

    ERT head wants more resources to expedite cases
    Avatar
    Article by
    Emmanuel Joseph
    Published on
    November 24, 2020

    Chairman of the Employment Rights Tribunal (ERT) retired Appeal Court Justice Christopher Blackman, Q.C is concerned that the ability to expedite more matters and adjudicate more technical cases is hamstrung by inadequate staffing, no “fixed place of abode” and the inappropriate composition of the tribunal.

    Speaking to reporters at the end of an unfair dismissal hearing at the Warrens Office Complex today, Justice Blackman bemoaned the fact that the tribunal, which he said has been made up mainly of retired trade unionists and human relations professionals, would be challenged to arbitrate cases now under the recently enacted discrimination legislation.

    He pointed out that there are just four people on staff to service three tribunal panels that meet separately. Worse yet, the ERT chairman said, if the tribunal had to hear any matter involving the disabled community, none of the current commissioners, himself included, is in a position to provide the appropriate direction and guidance.

    “Moreover, they just added discrimination legislation. The discrimination one has serious implications. It came into force in September and we have no means of enforcing it. Read the Discrimination Act. If we make certain decisions…we have the authority to impose fines or lock up people…[but] I have no staff to do these things,” the retired High Court judge declared.

    “The other weakness in the legislation is this… — with great respect to my brothers here [fellow commissioners], they came with an industrial relations and a human relations perspective. The Act is now speaking to other things which are outside your skillset…in terms of what constitutes discrimination in terms of gender, age, disability.

    “It seems to me that the Act needs to provide for people from the disabled community or otherwise to be put onto the panel to bring their perspective. The trade unionists and human resources commissioners can bring their perspectives based on their backgrounds. Who is going to give me the assistance to frame a decision about the other dynamics?” the tribunal chair asked.

    Other commissioners who flanked Justice Blackman chimed in, supporting his sentiments that if the tribunal had to hear unfair dismissal matters involving the disabled community, for example, it would require “a strong technical person to deal with those types of cases”.

    Despite the staffing limitations, however, the tribunal chairman pointed out that the body, as currently constituted under him, has been able to conclude “many” cases, including the settlement of unfair dismissal disputes at case management levels.

    Although he did not have the statistics to hand, retired Justice Blackman reported that the ERT has made a dent in the backlog of cases but stressed that it could conclude even more, and at a faster pace, with the right kind of human and physical resources.

    “It is sufficiently important to me to have these absolute numbers. I promise you that before yearend, I will have the number for all my cases we have actually dealt with,” he stated.

    “Cases have been settled based on decisions we have made. We have given guidance for the future…at case management conferences. We have had cases here particularly with unrepresented people,” Justice Blackman added.

    He noted that Courts Barbados had settled a case, based on principles laid down by the tribunal in other hearings, for $100 000, in favour of an employee; while a man was able to settle with Courtesy Garage without the matter having to go through the entire process.
    (emmanueljoseph@barbadostoday.bb)

    Liked by 1 person

  • How much is Persaud paid as deputy chairman of the NIS?

    Like

  • @ David

    Topics such as NIS are often meaningless because there usually isn’t any information in the public domain, on which an informed position could be reached and used as a basis to develop the discussion.

    The NIS hasn’t produced financial statements in several years, nor has it been audited by the Office of the Auditor General. The fund has been used to finance both public and private sector projects.
    I remember Denis Kellman’s argument for using NIS funds to finance projects was that it would create jobs, which means more people would pay NIS. Although this may be true, Kellman came across more as a politician and not someone who knows about investments. I also recall the folly Jeptar Ince talked when people questioned the rationale behind using NIS funds to construct a building at Warrens, in exchange for ‘government paper.’

    What are NIS account receivables relative to investments? In other words, what are the names of the companies that owe the NIS and what are the amounts outstanding? What amounts were written off to unrecoverable debt?

    To make matters worse, we’re not hearing anything about the actuarial reports. And, for this ‘atrocity’ to occur with a national pension fund is ridiculous. Perhaps management is using bank reconciliations to calculate fund balances.

    All we’re going to do here is rehash some unverified figures that were bandied about in 2017. It is the responsibility of management to ensure the fund is properly managed and audited financial statements are prepared. We’ve seen, over the years, rather than ‘paying the price’ for neglecting their responsibilities, management is rewarded for mediocrity and incompetence. The former director, Ian Carrington, for example, was promoted to Director of Finance and Economic Affairs and remains a director on the NIS board.

    Like

  • @Artax

    It is amazing we have a ticking time bomb about to go off and the majority of Barbadians (civil society) appear to be unconcerned. We have posted so many blogs on the matter . It begs the question this blogmaster always ask – how intelligent is the citizenry? We allow a class of people to hijack our future wellbeing. It does not matter how much a director is being paid or which government allocated funds to questionable projects. What matters is how do we ring fence important institutions like the NIS, ERT and Central Bank to guarantee a higher level of governance/discipline.

    Like

  • @ ArtaxNovember 24, 2020 7:15 AM

    @DavidNovember 24, 2020 7:31 AM
    +++++++++++++++++++++++++++++++++++++++++++++

    What both of you have ‘reproduced’ to underscore what others on BU have been saying about the management of the NIS (the only lifeline of too many Bajan workers) only gives too much of a measure of credence to Hal Austin’s refrain about things in Bim are “going to end in tears”, especially for the poor.

    The failed judicial system and now the failing financial system do not paint a very nice picture of a rosy future for Bim with so many lawyers and accountants spoiling the management broth.

    Like

  • When will the Barbados Labour Party enact the modern version of Integrity Legislation it PROMISHED to establish on DAY ONE of coming to Govt. or that was just a promised to get votes like so many things?????

    Integrity legislation was introduced to Barbados when THE WHITE BAJANS ruled the political roast roast long time ago. So it shows that the WHITE BAJANS were very CORRUPT and now their ancestors today are no different. They have brought with them their bad ways and made a Science of it.

    https://barbadosunderground.net/?s=integrity+legislation

    Like

  • @Miller

    The judicial system has not failed, it is failing. Despite the issues some justice is delivered on a daily basis. We need to get more aggressive with the transformation. Gibson was a failure, let us see what the homegrown talent in Cheltenham can do. He will need the support of the stakeholders.

    On Tue, Nov 24, 2020 at 11:44 AM Barbados Underground wrote:

    >

    Like

  • Government won’t recoup a cent!

    Kareem SmithArticle by
    Kareem SmithPublished on
    November 24, 2020

    Caswell Franklyn is refusing to back down from his tough stance on the severance crisis affecting hotel workers, even in the face of stinging attacks and stern warnings from the highest offices in the land.

    During the Monday edition of VOB’s Down-to-Brass-Tacks programme, the Opposition Senator held firm to his belief that temporary changes to the Severance Payments Act made earlier this year are allowing unscrupulous hoteliers to escape their responsibilities, while forcing taxpayers to shoulder the burden of severance payments.

    In fact, the union leader is challenging Prime Minister Mia Mottley, National Insurance Scheme (NIS) Chairman Leslie Haynes  Q.C. and any other detractors to explain the basis upon which they intend to recoup potentially millions in severance payments from hoteliers who have opted to send home their employees.

    “The new chairman said they will use every conceivable effort to recoup the funds with great dispatch. I wish him luck, because they started wrong and they will end wrong. They cannot recoup a single cent from any employer because they do not have a judicial decision to enforce,” Franklyn explained.

    He was reacting to news emerging from a press conference on Saturday at which Haynes promised financial relief to approximately 150 former employees of The Club Barbados Resort and Spa, who last week demanded answers after their employer reneged on a promise to pay severance in full.

    While the NIS Chairman has promised to have the monies delivered before the end of the month, he also pledged to recover the severance payout from employers when they were back on their feet. This was supported by Prime Minister Mottley, who stressed that in the meantime, workers ought not to be disadvantaged as a result of the “wickedness of one or two employers”.

    Franklyn however argued that there is no basis upon which the employers could be forced to reimburse the NIS and questioned whether the government intended to dip directly into the scheme instead of using the severance fund as is customary.

    “The NIS is delegated to function for the minister in severance payments matters, but [severance payments] are not issued by the NIS. So the two funds cannot be commingled, I just want the chairman to know that,” Franklyn warned.

    “So if you are taking up money from the National Insurance and paying them, then you are taking up everybody’s pension money. The money must come from the severance fund, and if the Government does not have enough money in the severance fund… they can’t go now and take up people’s pension money and use the NIS money again,” Franklyn warned.

    Mottley, during Saturday’s press conference, also slammed continued suggestions from Franklyn that sunset legislation had left workers out to dry as she cited previous explanations from the Chief Labour Officer and other Government officials.

    The Prime Minister, however, offered no alternative explanation, interpretation or counter argument to Franklyn’s belief that the temporary amendment to the law had stripped the Employment Rights Tribunal of its power to rule on matters of severance between February and June this year.

    “I ask the media now, to stop trifling with the emotions of the workers by carrying a position that continues to be false,” urged the PM.

    Seemingly unaffected by Mottley’s warnings, Franklyn maintained his position on the legislation as he has done repeatedly since it was enacted. (KS)

    Like

  • RE The BU Intelligentsia is a talented crew. If there is doubt the following Ode was posted to the Walter Blackman’s Political Insights blog by the man from the Great White North.
    WHAT IS SO TALENTED ABOUT THIS PITHY PIECE OF PUERILE VERSE? SOUNDS LIKE THE RHYMES WE DID AS SCHOOLBOYS?
    ON BLACKMAN’S BLOG YOU HILARIOUSLY REFERRED TO THIS POOR ATTEMPT AT POETRY AS PROSE
    I ALMOST FELL OUT MY CHAIR

    EVERYTHING IS FAILING IN BARBADOS EVERYTHING AS WE GLORY IN MEDIOCRITY
    AND THE NEW WORLD ORDER IS ABOUT TO BEGIN
    AS THE PEOPLE SAY “LAWD COME FI YA WIRL”

    Like

  • The WHITE BAJAN Hoteliers have their sights firmly set on using NIS, the peoples money on them. They don’t intend to pay a cent of their own money. And the thing is they are being allowed by the Barbados Labour Party Govt. to get away with it.

    Instead of enforcing the Laws of the Land these WHITE BAJANS are doing as they like with no consequences to them whatsoever. Even though are are Laws which they run a foul of.

    THEY CAN DO AS THEY LIKE. THE LAWS OF THE LAND DONT REFER TO THEM, ONLY BLACK PEOPLE.

    (and the thing is the Govt. is spending $300million on them)

    They are being paid to continue being DISHONEST AND THIEFING.

    Like

  • SO WHAT ARE YOU DOING BOUT IT? WHAT CAN YOU DO BOUT IT?BESIDES PREACH PABLUM HERE?

    Like

  • Where ignorance is bliss,’Tis folly to be wise.

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  • @ David November 24, 2020 6:50 AM

    ERT head wants more resources to expedite cases

    The article about the tribunal is once again a typical Caribbean comedy. Instead of slimming down the administration and kicking out the many boarders and thugs, our apologists of the Barbados welfare deep state are demanding more and more bureaucrats who are consuming even more money.

    We see here an illusion of job creation measures at the expense of our hard-working foreign creditors. It would really be time for our citizens to take up the hoe again and work in the fields themselves, instead of lazing around and shopping in the supermarket on foreign credit.

    @ David November 24, 2020 8:01 AM

    Government won’t recoup a cent!

    The outspoken senator obviously lives in some kind of socialist fairy tail land. As a well-off politician he is a member of the elite and is unable to understand the real needs of the common people and the businessmen.

    Barbados is going through the worst economic crisis since the abolition of slavery. Our government and our economic champions are doing everything right by holding the money together. In any case, I fully trust our government of integrity and honesty and our great economic magnates.

    Like

  • THE WISE CAN PLAY DE FOOL BUT DE FOOLISH CAN NEVER BE WISE uh lie lol
    That quotation is as ignorant as its originator and its frequent users for it is clearly a nonsequitur.

    I THANK MY GOD THAT I AM NOT IGNORANT. AND THAT I AM WISE ENOUGHT TO SEE CLEARLY THAT THE HORSE IS OUT THE STABLE AND AINT GOING TO BE CAUGHT, AND THAT WE CAN PRESENT PABLUM HERE DAILY UNTIL THE COWS COME HOME, FOR THE CHICKENS HAVE COME HOME TO ROOST.
    WE MUST FACE DESTINY SQUARELY IN THE FACE uh lie lol

    Like

  • As they say the chickens have come home to roost
    There is only one way out a way that speaks to truth Transparency and accountability
    However all knows how that would end up
    Govt feet must be held to the fire on this issue
    Mia states with boldness that taxpayers monies would now be sourced to pay the workers
    However that does not resolved the issue of how the money would be recouped from the hotelier
    It seems that resolution by way of govt promises would create more problems than it solves if the money taken from the Nis leaves another shortage of peoples money
    The question of filling that hole becomes a problem

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  • RE Where ignorance is bliss,’Tis folly to be wise.
    DOES THIS NOT ACCOUNT FOR THE STATE IN WHICH BARBADOS FINDS ITSELF TODAY?
    IS THERE NOT A PREPONDERANCE AND PROLIFERATION OF IGNORANCE?………AND BLISS THEREIN?
    AND THE SO CALLED WISE CANT EVEN DISTINGUISH PROSE FROM POETRY LOL MURDAH
    Proverbs 26:12 TEACHES “Seest thou a man wise in his own conceit? there is more hope of a fool than of him.”

    Like

  • Proverbs 26:12
    “Seest thou a man wise in his own conceit? there is more hope of a fool than of him.”

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  • WHEN THEY ARE NOT WISE ENOUGH TO REFUTE YOUR SOUND ARGUEMENTS THEY BLOCK YOUR POSTS AND YET THEY CLAIM JOIN IN THE DISCUSSION, YOU NEVER KNOW HOW EXPRESSING YOUR VIEW MAY MAKE A DIFFERENCE.

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  • As a example, a truck which was written of by the Insurance company, and the proceeds paid to the company that owned it . , yet THE COMPANY BILLED THE GOVT. EVERY MONTH for the use of the same truck.

    And they were paid each and every Month for the use of the non existent truck.

    The company was a WHITE BAJAN company.

    Like

  • We have to find a way to impress on decision makers the importance of a strong governance framework. If we do not inefficiencies will continue to grow. Let us appreciate that man made systems will have to be monitored, evaluated and modified continually. It will never be perfect. Debate must be seen in this context.

    Liked by 1 person

  • @ David November 24, 2020 7:58 AM

    Ok we will settle for “failing” but still an “F”.

    Every day the same system succeeds in violating the rights of citizens as enshrined in the Constitution.
    A right to timely justice. A right only a few well-connected wealthy individuals seem to enjoy.

    How then do you explain the availability of over 1,000 lawyers including the many holding the LEC and the judicial is so clogged up as if Chassy is going a make a difference like what was promised from Marston?

    The only way to unclog the system is to throw out the hundreds of petty criminal cases the police/prosecution cannot proceed with.

    How can they charge people on the evidence in their possession but cannot present the same evidence to prosecute the alleged perpetrators?

    Poor Carlisle must be kicking himself in the shin.

    Liked by 1 person

  • For example:

    The blogmaster will not be surprise if a recommendation is made and accepted to push qualifying pension age to 70 in the near future. We have a ageing workforce and the pandemic has added to pension expense at the NIS. While this is happening politicians continue to draw a pension with generous terms. The size of the cabinet, number of consultants and other sweet appointments continue without change to custom. It is time the government does what is required given the current state of things and more importantly what is in the forecast.

    Like

  • The Barbados Labour Party is known for wasting the Workers money.

    Remember when they were last in power they spent $10,000 for the cutting down an Ackee tree????
    In the end the Transport and Works had to finish cutting down the tree even though the original person was paid. So the Barbados Labour Party have a history of not spending wisely funds belonging to the workers

    Just an example.

    Like

  • @Miller

    You can produce 5000 lawyers. The productivity will come by ensuring we implement a quality system within which said lawyers can produce. This is a leadership issue to solve. Successive actors leading the AG Office, Registrars Office, the CJ Office, BABA etc have failed us.

    Like

  • @Miller

    The same at the NIS. Successive governments have failed us because the NIS has always been positioned as the lender of last resort for governments. Sadly the ignorance of our people have given them a pass by not raising this as a priority matter. Our media both social and traditional have not steered the focus away from the trivial and salacious to important governance matters. An example, when last have you heard or read about the last auditor generals report? When will the inquiry into the TB be completed by the Bishop?

    It is all a pappy show.

    Like

  • We slow and lack critical thinking: connect the dots…. Prominent BLP member and CEO of BHTA , senator Rudy Grant identified a looming 300 million severance payout by the hotels…Is it coincidence that government earmarked the same 300 million to assist hotels under the BEST PROGRAM? that is the hotel workers severance money that government making available to the hotels first and foremost, it would seem!

    Troy Worrell

    Like

  • A Prison at was supposed to cost I think $108million Barbados ended up costing the taxpayers nearly a $1billion with payments every January.

    I don’t think they will be able pay for it next year as they just defaulted on the Hilton Loan.

    The Barbados Labour Party again. Don’t worry bring the drinks some body will pay. That is how we do things bout here.

    Like

  • Keep listing the issues and forget the cause. A cause that saw you being featured in a national newspaper perpetuating the problem.

    Steuspe

    Like

  • If you are not careful you will soon suck out all your teeth.

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  • RE There is only one way out a way that speaks to truth Transparency and accountability

    FOR THIS TO OCCUR HEARTS MUST BE CHANGED FOR IT IS STILL TRUE THAT THE HEART IS DECEITFUL AND DESPERATELY WICKED
    IT WILL ALL GET WORSE…….MUCH WORSE. AS THE GLOBALIST TAKE OVER THE IMPACT ON BARBADOS WILL BE VERY SEVERE. THE ONE WORLD ORDER IS SET TO BEGIN

    WITH THE IMMINENT AND IMPENDING DECLINE OF THE USA, EVEN THE MONEY TRANSFERS TO BIM WILL DECLINE PROPORTIONATELY

    Like

  • The judicial system has not failed, it is failing

    LOL hahah murdah

    When we become pedantic about the degree to which failure has occurred we know that the society is truly wallowing in mediocrity.

    Like

  • But don’t worry the Barbados Labour Party will furnish with new teeth paid from the Barbados Treasury.

    Like

  • @Dullard

    So predictable.

    Like

  • “@Miller
    The judicial system has not failed, it is failing.”

    ThAt must have been tough to write. We are approaching a Damascene or more appropriately named a “Hal Austin” moment.

    Like

  • “How then do you explain the availability of over 1,000 lawyers including the many holding the LEC and the judicial is so clogged up as if Chassy is going a make a difference like what was promised from Marston?”

    leave them, 2021 is the year they will get the complaints to international organizations for VIOLATING THE RIGHTS OF THE ELDERLY, ignoring the treaties to which they’s signatory, when they WAIT FOR THE ELDERLY TO DIE instead of completing their personal injury cases …tictoc…

    Like

  • @ David.

    As you know I have spoken on this fund in detail earlier when I spoke with Walter here about the effect the debt restructuring had on the fund. I will simply add today that I would bet money a report would show the fund is in fact insolvent in real terms. I say that based on the below..

      UNDERPERFORMING AND NON PERFORMING REAL ESTATE HOLDINGS ADDED TO OVERPRICED PROPERTIES DUE TO COST OVER RUNS RESULTING IN PROPERTIES ON BOOK AT VALUES WAY IN EXCESS OF TODAY’S MARKET VALUE.
      MASSIVE REVENUE LOSS DUE TO RESTRUCTURED BOND HOLDINGS WITH AN ESTIMATED VALUE AT $2B. THESE WERE PAYING 7% BEFORE AND HAVE RESULTED NOW IN AN ANNUAL INCOME LOST TO THE NIS OF APPROX $ 120 MILLION.
      LOSSES BOOKED FROM 4 SEASONS AND OTHER SUCH INVESTMENTS.
      DEFAULT ON PAYMENTS BY COMPANIES COUPLED TO MASSIVE OUT FLOWS DUE TO COVID.
      PENDING SEVERANCE COST ON A LARGE AMOUNT OF THE 40,000 HOTEL WORKERS NOW UNEMPLOYED.
      MASSIVE LOSS OF MONTHLY REVENUE FROM UNEMPLOYED WORKERS NOT MAKING CONTRIBUTIONS.

    I could go on but I believe even a 12 year old would tell you if they take money out their piggy bank and don’t put enough in it will soon be empty. As for the PM saying they will ” top up” the fund what she is in fact sayimg is that she will now take our tax dollars and pay into a poorly managed and unaudited fund so as to allow it to meet it’s liabilities. What she should be doing is ordering an immediate independent audit by a private audit company on the fund. That way we would all know as shareholders the truth about the fund. Then again many of us do already so what’s the use?

    Like

  • THE BLP REMINDS ME OF SETTING UP AND INCUBATING AN INNOCULUM OF A PRESUMPTIVE BACTERIA FROM A SWAB TAKEN FROM A PATIENT ON BLOOD AGAR AND MACCONKEY MEDIA OVERNIGHT………………………ONLY TO FIND THE NEXT MORNING THAT THERE HAS BEEN “‘NO GRWOTH”

    Like

  • @John A

    Yours has been one of the dispassionate voices in this space. We must continue with it lest Northern Observer is forced to produce another prose.

    Liked by 1 person

  • @ Carson (9.02)

    That is fraud. I have said here on numerous occasions that procurement is the biggest and most fraudulent ripping off of taxpayers in Barbados.
    You have listed a number: $10000 for cutting down an ackee tree, a $1bn prison that was costed at $108m, etc. Remember, incompetence is a bigger disease in Barbados than CoVid.
    I will bet not a single civil servant has been sacked, demoted or sidelined for these examples of incompetence. Most probably they continued on their merry way to their pensions.

    Like

  • @ David

    Northern must be sharpening his pencil all like now!

    Liked by 1 person

  • Posted on March 28, 2017 by David
    NIS has invested BDS$25.4 MILLION DOLLARS

    Like

  • RE We must continue with it lest Northern Observer is forced to produce another prose.

    TEACHER TO STUDENTS
    JACK AND JILL WENT UP THE HILL TO FETCH A PAIL OF WATER
    JACK FELL DOWN AND BROKE HIS CROWN AND JILL CAME TUMBLING AFTER

    STUDENTS THAT IS POETRY

    BUT IF I SAID JACK AND JILL ASCENDED THE PROMOUNTARY TO ENGAGE IN AQUATIC ACQUISITIONS , WHEN JACK TUMBLED AND SUSTAINED A CRANIAL FRACRURE………..THAT IS PROSE

    I WONT TELL YOU THE OTHER PART OF THE JOKE IN WHICH JOHNNY GAVE HIS EXAMPLES OF PROSE AND POETRY
    A WORD TO THE SEMI ILLITERATE SHOULD BE ENOUGH.
    IGNORANCE ( DERIVED FROM IGNORARE = NOT TO KNOW ) IS CERTAINLY BLISS

    Like

  • HAL NOVEMBER 24, 10.17 AM

    “I will bet not a single civil servant has been sacked, demoted or sidelined”

    Dat kinda ting dont happen bout hey.

    They carry on merrily until the next time. Especially if they are Barbados Labour Party supporters.

    Like

  • “I will bet not a single civil servant has been sacked, demoted or sidelined”
    VERY DIFFICULT TO SACK AN APPOINTED CIVIL SERVANT. THEY USUALLY TRANSFER THEM AROUND
    EASY TO SACK GOVERNMENT WORKERS WITH CONTRACTS THOUGH

    Liked by 1 person

  • GP NOVEMBER 24, 10.48AM

    I like what you wrote.

    Like

  • @ David.

    Let me just make what i said clear before the party loyalist chime in. THE FUND WAS MIS MANAGED BY BOTH PARTIES.

    Sinkler devastated the fund with his printorama specail forcing the fund to hold billions in worthless paper. Then this party came along and did the debt restructuring with no plan as to how they would refinance the funds annual income shortfall from the slashing of the interest on the bonds from 7 to 1 percent. From the time the restructuring was announced a clearly defined plan should of been made public on how the $120M roughly income shortfall was going to be financed annually for the fund.

    Even before all this the fund was allowed to go unaudited by both parties, so all of them got to hold some blows on the NIS fund and where it is today.

    Like

  • Oh dear, here we go again.

    Liked by 1 person

  • NIS did not get back a dime from the stolen apes hill land scam….they took up taxpayer’s money and put another 25 million dollars of Black people’s money in it thought, while the people suffer…because it benefits them and the thieves and racists..

    sellout niga syndrome.

    Like

  • The NIS made a decision to leave their debt in the new entity as a shareholding. The improved project which is valued at a $60 million dollar improvement should therefore mean the NIS shareholding will increase the same way other shareholders investment will.

    Like

  • @ John A

    Two wrongs do not a right make. The NIS should not be lending money to COW Williams. He should be forced to go to the money markets or sell out.
    The NIS is not fit for purpose.

    Like

  • @DrGP
    Jack and his fraternal companion Jill, ascended the perpendicular peraltitude for the express reason of aquatic exploitation
    Jack, defying the laws of gravity, forfeited his equilibrium, and sustained severe lacerations to the dorsal segment of his cranium
    Jill followed suit with perambulatory revolutions
    I see we had the same English teacher
    You are correct, mine was a bunch of puerile jibberish.
    The thrust of which was repeated again today. And is everyday.

    Like

  • Setting puerile “prose” aside, this is indeed a serious issue that needs to be addressed by the masses. Unfortunately, most Barbadians simply do not believe that a government can run out of money or be so callous to the extent that the fund will not be topped up somehow. They do not understand the NIS and how it is set up. And so the mind-blowing situation that financials of such import are not up-to-date sails over their heads as does the unwise use of the fund.

    Even in the face of the illegal seizure of the pensions of disabled medically unfit retirees and the enforcement of pension laws against retirees a while back, what governments are trying to do and what it means for workers has not yet hit home. Indeed governments seem quite prepared to leave workers in the lurch. There are government entities doing all manner of things like hybrid contracts for services and contracts of service that are neither fish nor fowl resulting in workers being dispossessed of their rights.

    And… court judgments for compensation being ignored as is the case at Dodds Prison and Trevor Browne as well as today’s featured case of the BADC pension rights that seem to have disappeared during the merger with the BMC to become the BADMC despite a court judgment to the contrary.

    And so I am not at all confidant that workers have nothing to fear regarding the NIS leaving them in the lurch through lack of funds or that the new pension laws emanating from IMF ordered review will not leave workers struggling to survive in their old age.

    I am only confidant that MPs will fly above the fray retaining their generous pension terms while still able to earn a salary.

    At least …until enough Bajans get desperate. Then I think the government will have to look for holes.

    With Caswell in hot pursuit!

    Like

  • NO.
    ARE YOU SAYING THAT YOU CAME UNDER THE TUTELAGE OF THE ONE AND ONLY G.O BELL AKA DING DONG OR GOBELLS? IN WHAT YEARS WERE YOU SO BLEESED SIR?

    DO YOU REFER, PERCHANCE, TO HE WHO ONCE PRONOUNCED TO ERRANT LADS AT THE SOUNDING OF THE LUNCH BELL ” THE TINKILING APPELATIONS OF THE SONOROUS METAL INDICATES THAT YOUR PERIOD OF NOURISHMENT HAS ARRIVED, BUT YOU SHALL BE DEPRIVED THEREOF, SO SUBSIDE.

    OR
    YOUNG LAD. ASSUME THE PERPENDICULAR. AND IN THAT POSTURE ADVANCE TO YON VENDOR OF EFFERVESCENT WATERS AND PURCHASE ME THE SMALLEST MEMBER OF THE COCO COLA FAMILY

    “HEAVENS TO DING DONG!: I ONCED CHIMED AT THE SOUND OF THE SCHOOL CLOCK ANOUNCING THE TWELVE A CLOCK HOUR, SIMULTANEOUSLY WITH THE PORTER BRINGING THE SCHOOL BELL INTO SONG

    NOW THOSE ARE EXAMPLES OF PROSE LOL

    Like

  • @DrGP
    I was so blessed, and a few years after you. Shall we say in his twilight years, but as you can recall, his verbal renderings are a thing of legend.
    Scintillate Scintillate globule vivivid, yon can I fathom thy natures pacific (or was it specific?), loftily poised in the ethos capacious, sweetly resembling the gem carbonacious…I can say the rest but cannot spell it!!!!

    Like

  • @ Hal

    I think the board of the NIS needs to have a come to Jesus meeting with the minister and by extension us the shareholders.

    The challenge this board faces is that is has both non performing and under performing assets. Basically it as at the stage where it’s annual income from investment can not support its annual outflows any longer. Hence the need as the PM says for “top ups” from time to time. The truth is if an independent audit was ever done I am sure it would show the fund needs a complete refinancing.

    This then leaves the board where it is forced to chase more risky investments with the hope those high yield investments would help to soften the loss on all the none performing paper from Sinkyuh and overpriced real estate holdings. It is a very slippery slope the fund is now on and i am telling you nothing short of a total refinancing will make it liquid again to the point where future top ups would be unnecessary.

    Like

  • NO
    THIS ONE IS NEW TO ME
    ACTUALLY HE DID NOT TEACH ME BUT I HAD HIM IN 6TH FORM FOR A CLASS CALLED CURRENT AFFAIRS
    ID LIKE TO HEAR THE REST THANK YOU
    LATER IN LIFE I MET HIS BROTHER, WHO WAS A PIONEER IN OUR PUBLIC HEALTH SYSTEM.
    TWAS HE WHO WAS TRYING TO GET ME TO RETURN TO MONA IN THE 90’S TO DO MPH. I REGRETFULLY DECLINED. I MIGHT HAVE DONE IT IN THE EARLY 80’S
    HIS BROTHER USED TO LOVE TO HEAR ME PREACH IN OUR ASSEMBLIES CERCA 82-87

    Like

  • @John A

    Understood.

    By any means necessary we have to continue to be strident advocates, it is our Rh money.

    @enuff

    What is your problem, you do not agree we should express concerns about the fund?

    Like

  • HAL NOVEMBER 24, I.34PM

    This is how Barbados is.

    These WHITE BAJANS believe the NIS, the Barbados Treasury, the Vat all belong to them. So they can use them as they like.

    You noticed that they are now lights at the Garrison Savanah??? You think that is by accident???You notice that the Auditor General had a bit to say about the local Lottery??? But no follow up not even the Opposition or he Blog Master????

    Like

  • @ Carson

    I am familiar with the trick of silence. I really feel sorry for ordinary Barbadians who have to tolerate these imbeciles as their leaders.
    I do not think they are corrupt, they are just incompetent. They have the qualifications, but lack the experience and training.

    Like

  • They can’t help themselves with their slave plantation..ah wonder if this is the one the former COP was robbing…the employees, or was it Brinks, they refuse to pay them a living wage and then use them to harass black people.

    https://www.nationnews.com/2020/11/24/g4s-workers-take-action/

    “Some security officers at G4S Secure Solutions (Barbados) are off the job.

    Fed up with the lack of progress in protracted negotiations with management, they assembled outside the company’s offices at Brighton, St Michael, this morning.

    In today’s edition of the Daily Nation, president of the G4S division of the Barbados Workers’ Union (BWU), Ormond Mayers, said among the issues were lack of vacation pay, difficulty in getting annual vacation and no salary increases for the past seven years.

    Mayers said a meeting between management and workers scheduled for November 12 was called off after the former failed to come up with a new wage proposal.

    The company employs over 300 security officers. (SAT)”

    Like

  • Too funny, i can’t help myself, then Professor Shillary went and snapped at, was it the Bishop of Canterbury or is it CoE, when he came around with his faux confession……..🤣🤣…ah guess Sir SlaveTitle is not amused by any of it…

    https://www.nationnews.com/2020/11/24/open-campus-going-global-two-years/

    Like

  • G4S is s British company; all the BWU has to do is involve the British Trades Unions Congress in their fight. Talk to black MPs; bring in the British Labour party. Get outside help.
    No vacation pay? No annual holidays? BWU and ordinary Barbadians must put pressure on the firms that hire G4S guards, such as banks etc. Let them know that if they continue to work with G4S, they will lose custom.

    Like

  • HAL NOVEMBER 24, 4.12 PM

    You are an intelligent man, dont expect that the Barbados Workers Union will do any of that. They are a part of the problem. This dispute was simmering for years and nothing was done about it by the Barbados Workers Union. And now TONI MOORE is one of the gang in the House of Assembly, the dog dead.

    Like

  • HAL

    I know that you mean well, but you are wasting your time.

    Like

  • Carson C Cadogan
    November 24, 2020 3:40 PM

    “These WHITE BAJANS believe the NIS, the Barbados Treasury, the Vat all belong to them. So they can use them as they like.”

    Carson C Cadogan,
    Here is a more accurate statement:
    “SOME BAJANS believe the MINISTERS belong to them. So they can use them as they like.”

    Like

  • Hal Austin
    November 24, 2020 4:12 PM

    “G4S is s British company; all the BWU has to do is involve the British Trades Unions Congress in their fight. Talk to black MPs; bring in the British Labour party. Get outside help.”

    Hal Austin
    After our cadets have gone through the various stages of training and have equipped themselves so well, I hold the view that there is no need for G4S in Barbados.
    British Labour party, my foot.

    Remember, that is MY view.

    Liked by 1 person

  • Is the Barbados Turf Club paying any taxes??????

    Anybody know?????

    Like

  • Walter

    The people are the employers of the MINISTERS, I wish the people would remember that.(the Ministers should remember that too)

    Then they would not cater to the 3% only.

    Like

  • @Donna
    “this is indeed a serious issue that needs to be addressed by the masses….sails over their heads”
    I had an elderly aunt in my home growing up, she would tell me sometimes, “You are good at questioning and answering yourself”
    One can only lead the horse to water?

    Like

  • @ Northern

    You will never hear a politician say I will restructure the NIS IN no hurry trust me. That is a can of worms no politician will touch 2 years from an election.

    When you increase the retirement age to 70 and increase monthly payments by 30% who going vote for yuh? LOL

    Like

  • @ Walter 4.56

    I do not understand what point you are making about G4S and cadets? Plse explain.

    Like

  • @JohnA
    I commented elsewhere, the NIS is the perfect wedge issue for any young aspiring politician to tackle. Both B and D carry large NIS scars. The challenge is the sheeple don’t understand the intricacies of the NIS. So will not respond.
    I doubt an age increase (and they are more likely to do a gradual age increase) or a contribution increase, will be any more damaging than a tax increase? If their money gets cut, that’s a different story.

    Liked by 1 person

  • From the IMF reports Barbados has one of the highest NIS deductions in the region. How much higher can they go? What a mess.

    Like

  • @ Carson C Cadogan
    You seem to have a problem with white Barbadians. I don’t think white Barbadians pass laws to keep poor black Barbadians in place, do you?

    Like

  • I have never seen so many excuses for mismanagement, the decapitation of workers and all the rest of nonsense going on in the country.
    We must now face reality and conclude that once again the BLPDLP has successfully conned the populace.
    Shame, and may fire bun down both their houses and carry the : pseudo intellectualuals,deniers, kool aid drinkers frauds , apologists, obstructionists with them.
    They should be joined by those who come on BU every day pushing some Bill Clinton “ feel good “ philosophy which really means that your poverty stricken existence was prearranged by some divine power. Straight out the slave master’s manipulation that you should not complain because you ain’t getting beat as badly as the slaves on the plantation up de road.
    Yes I get a cup of swank this morning Thank yuh Massa ; I going to just enjoy some breeze until yuh ready to cut my arse again.
    The more things change the more they remain the same.
    Peace

    Like

  • This post makes for unpleasant reading. We have the non-payment and the misappropriation of NIS public funds; and the exploitation of G4S workers.

    The politicians appear to be disinteresed in the fate of the NIS institution. Only two questions left to ask: are the native black population aware of this situation and are they bothered?

    Like

  • @CCC
    I know nothing specific. However, the horseracing model is so economically bad, that beyond a remission of taxes on pari-mutuel sales, admission and programs, I doubt they make enough to have any profits to be taxed.
    As you know, NO BLACK people own, train, groom or ride racehorses in Barbados. The BTC employs only members of the 3% (which incidentally has decreased from 5% when I joined the blog in 2016). As you also know, they forced all the black aspiring jockeys to go abroad, so Patrick and Simon Husbands, Christopher Husbands, Crawford, Hoyte, Griffith, Bynoe, Walcott, Welch. Cumberbatch, Bryan, Samuel, Nicholls, Whitehall (who leads all jockeys in Canada by wins in 2020), Trotman, Callaghan (ooops he’s a 3%er) etc now ply their trade in some white man’s land (and pay taxes there too!!!) The trainer list is too long, but Canada’s #1 trainer is Mark Casse who has stables at many racetracks, and his Canadian one is run by another Bajan, David Adams. Simply manufacturing another fine Barbadian export which isn’t captured by the GDP!!!

    Liked by 1 person

  • Sir Paul Altman resigns, no ICBL dividends

    AvatarArticle by
    Barbados TodayPublished on
    November 24, 2020

    Businessman and real estate developer Sir Paul Altman is the latest member of the board of directors of ICBL to tender his resignation.

    In the most recent file and public notice, the Insurance Corporation of Barbados (ICBL) which was sold to Canadian investors Paynes Bay Finance Inc., announced that Sir Paul had resigned from ICBL’s board effective November 20.

    The notice, which was signed by Chief Executive Officer Geoffrey Scott did not indicate if there was a replacement for Sir Paul.

    The development comes as the former state-owned entity disclosed that it would not be paying an interim dividend to shareholders for the financial year ending December 31, 2020.

    Sir Paul’s resignation is the fourth since the deal between ICBL’s former owner BF&M out of Bermuda, and Paynes Bay Finance was announced earlier this year.

    In September, longstanding directors Juanita Thorington-Powlett and Toni Jones had offered their resignations from the board.

    Thorington-Powlett, a retired permanent secretary, has been a longstanding ICBL director, serving on the board since 2001. Highly regarded for her expertise, she has also been a director of the Caribbean Development Bank and in January, she along with businessman Mark Maloney were appointed to the board of LIAT.

    Jones, an attorney at law who submitted her resignation on September 15, has been replaced by James S. Edghill a Barbadian property development consultant and one of key figures behind the $260 million Hyatt Centric Hotel project planned for Bridgetown.

    Thorington-Powlett was replaced by Vicky Bathija, a businessman who has kept a low profile and has a very limited digital footprint.

    Since the board shake-up in September, chairman and head of BF&M John Wight tendered his resignation from the company.

    BF&M bought the majority stake in ICBL in 2005 for almost US$26 million when Government sought to divest some of its investments in state corporations.

    However, on the announcement of BF&M’s sale of ICBL, Wight described ICBL as an “excellent investment that had run its course over the past 15 years”.

    The other board members are chief executive officer Geoffrey Scott, Gouldbourne Alleyne, Gordon J. Henderson and Jennifer Hunte, the acting director of National Insurance Scheme (NIS), which has four million shares in the ICBL.

    Recently, deputy chairman of the NIS Avinish Persaud announced that the scheme would not be selling its shares in ICBL which would have netted the almost $7.1 million.

    In the current takeover bid offer, ICBL’s board is offering shareholders $1.78 per common share while the stock last traded at $3 per share on the Barbados Stock Exchange, where it is listed.

    One of the island’s largest insurance providers, ICBL had been dogged by a scandal involving its former Chief Executive Officer Ingrid Innes and another senior executive Alex Tasker who were named in bribery allegations which have since led to the criminal conviction in the United States of former Government Minister Donville Inniss.
    (IMC1)

    Like

  • David
    Of course we ought to ask questions. But some of the same people here keeping the most noise supported the payment of two “pensions” last year. They also called for the extension of unemployment benefits. They oppose a larger population too. We’re are yelling and concluding based on feels. Most startling is that we’re behaving as if covid is a fantasy. Should the government not have extended unemployment benefits or should they refuse to pay workers severance where employers fail? Or we are already convinced that the government will not recoup anything from businesses who fail to cover their portion? Talk is cheap eh.

    Like

  • @enuff

    You rebuttal is accepted to a point based on the urgent requirement for the fund to provide support triggered by the pandemic. However, the kernel of most arguments is about the mismanagement; incompetence, lack of accountability over the years by successive governments that has negatively impacted the Fund.

    Like

  • “We’re are yelling and concluding based on feels”
    sadly, largely true. Why you don’t beg the NIS Board to start filing annual reports? It can be all words, financials to follow later.
    The law provides for a written report AND (not or) a financial report.
    It baffles me how the PM, who asked for an ease and created many hands, could allow the former Chair of the NIS to depart for a Ministerial portfolio, WITHOUT filing a report? I am positive if she was in receipt, she would not withhold it.

    Like

  • NorthernObserver November 24, 6.17 pm

    Thanks for your reply.

    You know that the first thing the DLP did when they came to power, was to forgive a rather large amount of taxes that the Barbados Turf Club owed to the Treasury.

    Like

  • @ Carson

    Thompson gave them $10m. I t was a bad decision.

    Like

  • “They cannot recoup a single cent from any employer because they do not have a judicial decision to enforce,” Franklyn explained.”

    they know that, but they don’t think anyone else does…still trying to hoodwink…liars..

    “Franklyn however argued that there is no basis upon which the employers could be forced to reimburse the NIS .”

    and got the nerve to be fronting.

    “So if you are taking up money from the National Insurance and paying them, then you are taking up everybody’s pension money. The money must come from the severance fund, and if the Government does not have enough money in the severance fund… they can’t go now and take up people’s pension money and use the NIS money again,” Franklyn warned.”

    what a thing..

    Would love to hear why they amended the labor act in the first place, woulld love to hear that explanation…..what could have PROMPTED THEM TO MAKE THOSE CHANGES TO BENEFIT EMPLOYERS AND DISENFRANCHISE WORKERS….frauds….they can’t bring a lie debased enuff to justify…

    “The Prime Minister, however, offered no alternative explanation, interpretation or counter argument to Franklyn’s belief that the temporary amendment to the law had stripped the Employment Rights Tribunal of its power to rule on matters of severance between February and June this year.”

    Like

  • It’s very, very ugly Willaim, everyone is talking about the virus in the parliament selling out, and selling out nonstop and STILL LEGISLATING to reduce the Black population to the most disgraceful slave like conditions and uncertain futures, by giving way their tax dollars and pension money..

    Like

  • Really Enuff! You are singularly focussed on supporting this government to the point of cruelty.

    If you are referring to persons on Invalidity Benefit who are forbidden from baking a sweet bread to sell to supplement their often meagre benefit, you would have to be a devil to wish to take away a pension that they earned by years of service. These people pay into the scheme in the event that invalidity befalls them. If someone say forty years old becomes medically unfit such a person may have a mortgage and children to support. The pension and the benefit together maintain them at approximately the net earnings they would have received if they were still on the job. That makes sense because that is what an adequate insurance policy should do – make you whole. Slashing the pension that they have EARNED by their service would leave them at just over half of those earnings and prohibited to do anything, HOWEVER SLIGHT to supplement them.

    That condemns the vulnerable invalid to a life of poverty with NO HOPE of escape.

    That was never the intent of the law. Caswell already showed that the Invalidity Benefit is more of an extended sickness benefit and not intended to be covered under the Pension Act being used to capture it.

    Such an act would force most invalids into deciding whether to eat while living on the street or whether to starve while living indoors.

    Which would you suggest they do?

    Liked by 1 person

  • My imperfect memory tells me that Gordon Bell (GoBells) taught at Combermere as well as Harrison College, but it is not a clear memory. His Cousin?, Hinkitch Bell, was the Chief Sanitation Officer? for several years. Hinkitch Bell had a son, Ryle, who emigrated early to the US and in latter years was a fairly frequent visitor to quasi annual limes of the Toronto – Bajan exiles. Could anyone be so kind as to correct the details and names I’ve mentioned above?

    Like

  • And before anybody butts in to say that people abuse the medically unfit classification, let me remind of how many doctors one must go through in order to be so classified. There is a way to deal with abusers, if there be any, and those who may enable them. That should not include making Peter pay for the misdeeds of Paul.

    But… considering the layers one must go through, there would need to be collusion between multiple doctors and one wonders what they would have to gain. Much easier to believe that you simply do not understand the nature and extent of the disability.

    P.S. It is my experience that the classification of medically unfit needs to be reviewed. Often those so classified are simply unfit for their current job but quite capable of doing another less physically taxing job.

    Liked by 1 person

  • Ryle Bell was one of the outstanding sportsmen of his generation. I believe he went on to teach dentistry at Howard University. Ryle and Rudi Webster were two school boy greats.
    By the way, whatever happened to Valda Cadogan, another great school girl athlete.

    Like

  • As I said on another blog, an amendment to a law must have a stated purpose. I am yet to hear what that purpose was. What was it meant to fix???? What was wrong with the law as it stood?

    Enuff? This is the time to mount your reasoned defence instead of the nonsense comment you made above.

    Like

  • Correction – prohibited from doing

    Like

  • LYALL
    Gordon Bell (GoBells) taught at Combermere as well as Harrison College, AND ALSO AT FOUNDATION IITHINK but UNSURE
    Hinkitch Bell, was HIS BROTHER AND ONE OF THE PIONEERS OF OUR PUBLIC HEALTH SYSTEM
    Hinkitch Bell had a son, Ryle, who emigrated early to the US.

    Liked by 1 person

  • @CCC
    lol…so you figure since D or B same thing, that the B’s did likewise?

    @GP
    my recollection is Mr GO was known as goBBles, vs Gobells?

    Like

  • YES NO
    GOBBLES INDEED WAS THE PRONOUNCIATION WE USED TOO

    Like

  • I remember when this govt was in opposition and asked to sacrifice part of their salary in effort for govt to save on expenditures Mottley said Hell No
    Now of all the people to be sacrificing the taxpayers once again to help bail out theifing employers none other than yours truly Mia Mottley
    But then again she does not have to fork out that money solely from her pocket
    If not the answer would be Hell No

    Like

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