Court monitors pension payment cases

Five employers in various stages of compliance

Representatives of five different business entities appeared in Summary Court last week for Magistrate Grace Donalds to receive updates on their pension payment cases.  

Crown counsel Kenneth Ferguson had assistance from Charles Best, senior pensions officer with the Department of Labour and Pensions, in updating the court as to the employers’ compliance or otherwise with the requirements of the Pensions Law. 

Attorney Michael Alberga appeared on behalf of Hurlstone Ltd. He said there was a discrepancy between what the company said was owed and what the crown said was outstanding and asked for an adjournment. “Hopefully, we will come to a figure that is satisfactory to all parties,’ he said. 

The magistrate set another mention for June 26. 

K Coast Development Ltd and C. I. Precast Ltd are up to date with payments of arrears, Mr. Ferguson advised the court. “They are honoring their obligations,” he said. 

The magistrate set another mention for Nov. 27. 

Creative Expressions Beauty was also up to date and had just one more payment to make, Mr. Ferguson reported. This case was set for May 29, when it was hoped the matter would be concluded. 

Reid’s Premier Tours has paid “not one cent,” Mr. Ferguson said, and discussions had arrived at naught. 

Steve Reid said he sent a proposal but had not received a reply. 

Mr. Ferguson said Mr. Reid wanted to restart the transportation business but could not get a license because he was in arrears. He wanted the Pensions Office to write a letter to the Transportation Board on his behalf, but “quite properly, Pensions has refused.” 

Mr. Reid maintained he was sending emails and not getting responses. He asked to have a meeting set within the week, but the magistrate said that needed to be done outside of court. She set another mention for June 26. 

Champion House was represented by attorney Richard Barton. He noted that the business continued to be reviewed at six-month intervals. Payments had remained steady, although there had been difficulties in February and March. He indicated that the payments were being brought up to date and he asked for a mention on May 8, when this status could be confirmed. Thereafter, he suggested, the six-month review could be resumed. 

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  1. I was the Cayman Islands first Pensions Inspector hired in March 2005 and when I left Cayman Islands in approximately June 2007 and all five of these companies were in arrears then.

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