Topic: Department of Labour and Pensions
200 labour breaches under investigation, many others likely unreported
Investigators are currently looking into almost 200 labour-related breaches in Cayman, but officials believe a great many more number of offences are going unreported.
Pension contributions, retirement age to be reviewed
Government is set to embark on a review of Cayman's pensions plans which could see existing pension contributions, as well as, the local retirement age increased.
Retirees now allowed to withdraw $14,125 a year from pensions
The rising cost of living has led government to increase the amount pensioners can take annually from their retirement funds from $12,900 to $14,125 a year.
Pension holiday extended to March 2022
Cayman's national pension holiday has been extended to March 2022, government has announced.
Labour dept: Requiring vaccinations might be reasonable for some businesses
The Department of Labour and Pensions has issued guidance notes on COVID-19 vaccines for both employers and employees, following concerns raised in the community.
Premier: Pension withdrawals end in October, pensions holiday extended
Premier Alden McLaughlin has said government is not considering allowing any further pension withdrawals past October, but the pension contribution holiday will be extended to December.
Government mulls pension holiday extension
Premier Alden McLaughlin has said government is considering an extension of the current pension holiday.
Regulator to investigate late pension withdrawal payments
The Department of Labour and Pensions will review whether pension plan administrators are making emergency pension withdrawal payments within the 45-day timeframe mandated by April’s changes to the National Pensions Law.
PAC: Cultural shift needed to increase pension transparency
A Public Accounts Committee meeting this week highlighted a lack of transparency regarding the performance, fees, administration and regulation of pension funds in the Cayman Islands.
Labour office investigates Vela fall
The Department of Labour and Pensions is investigating an accident in which a worker fell 20 feet at a construction site at the Vela development on South Sound Road on Monday.
Pensions Department chastised for its poor record keeping
The Department of Labour and Pensions broke the National Archive and Public Records Law by failing to keep proper records on internal discussions about proposed amendments to a pension plan trust deed, according to Ombudsman Sandy Hermiston.
Court monitors charges against employers
An employer whose company has been before the courts since 2008 on pension charges had another company mentioned this week for charges of a similar nature.
Police name man killed in tire explosion
Police on Tuesday released the name of the man killed when a tire exploded while being filled using an industrial compressor Sunday. He was Crisanto Dizon, 54, a Filipino national living in the Cayman Islands.
Seven arrested in immigration sweeps
The Department of Immigration’s Enforcement Division arrested seven people suspected of being in breach of immigration law as part of an operation that included 30 spot checks in the past two weeks
Government must approve pensions fund transfers
Cayman’s Department of Labour and Pensions is required to approve any transfers of pension funds to retirement savings accounts outside the territory’s borders, but thus far, local pensions administrators said they have received little or no guidance as to what criteria will be used by government to green-light those funds transfers.
Nov. 30 is key date for pension refunds
Although the effective deadline to meet eligibility requirements to receive a pension “refund” payment for Cayman Islands private sector employees is Dec. 31, 2017, it is likely that in many instances, the worker seeking that refund will have to leave their employment by Nov. 30 to obtain those funds.
Labour and Pensions office closing early Friday
The Department of Labour and Pensions will close at 12:30 p.m. Friday, Sept. 22, for a staff meeting.
Gov’t to require jobs to be registered with NWDA
Employers will have to register job vacancies with the National Workforce Development Agency at least two weeks before applying for a work permit to hire a non-Caymanian following a vote last week in the Legislative Assembly.
Businessman fined for late paperwork
Failing to produce documents required by the Department of Labour and Pensions cost a businessman $700 last week.
Department of Labour and Pensions launches new website
Cayman Islands’ employers and employees can now visit a new website and Facebook page launched by the Department of Labour and Pensions last week.
Coming up in the Sister Islands
Representatives from the National Workforce Development Agency will be on Cayman Brac this week to meet with the public and assist with online registration for employers and jobseekers.
Rivers: Labour Relations Bill to be revised
Cayman Islands Employment Minister Tara Rivers confirmed Thursday that the government intends to bring a revised version of updated labor legislation to the Legislative Assembly during 2016.
Ex-MLA employee unfairly dismissed, Labour Tribunal finds
A former office worker for two George Town MLAs won a $2,632 award earlier this month for unfair dismissal from her job, according to documents obtained from Cayman’s Labour Tribunal.
Police identify man killed in construction accident
Longtime George Town resident Cecil Hedges, 63, died in an accident at a residential construction site in Lower Valley this week, according to police.
Brac Labour office opens to answer queries on Labour, Pensions Laws
Sister Islands residents are reminded that the Department of Labour and Pensions office will be open again on Cayman Brac on Wednesday, Feb. 24, to assist with inquiries from employees and employers.
