This text will be replaced

UPDATE: National Pensions Office investigated by OCC

Posted Fri, Jan 29th 2010, 18:15
(Grand Cayman - CITN) -

The Complaints Commissioner, Nicola Williams, has launched an investigation into the ability of the National Pensions Office to effectively investigate, charge and convict companies who are non-compliant with pension contributions as mandated under the Law.

Ms. Williams says “I determined late last year, in accordance with the Complaints Commissioner Law (2006 Revision), Section 11(1), that there are reasons of special importance which makes this Own Motion investigation by my office desirable in the public interest. These arise from the plight of working men and women who every month have funds deducted from their paycheques thinking that these monies are being contributed to a pension plan which will help provide for themselves and their families in retirement.

I have decided that an independent investigation is in the public interest so that an understanding of the government’s practices can be made clear and actions required, if necessary, to better facilitate the management of this process. To date, myself and my team have experienced full cooperation from the NPO and it is likely that the report will be ready on or before the end of May 2010.”

The team will conduct interviews with affected parties and review Ministry documentation relevant to the subject. Anyone with information relevant to the investigation may call the Complaints Commissioner’s Office at 943-2220.

OTHER HEADLINES

Be sure to become a fan of Cayman 27 on Facebook and Twitter. Click on the links or type in Cayman 27 on either website. Video and local news stories are posted throughout the day.

more features

Gambling debate continues

Garage dumps oil in pond

Some say the judicial system may take a big step backwards

Van flips on its side

Tourism stats improve for air arrivals