Local NewsNews Statement on ex-gratia offer to LIAT workers by Barbados Today 18/04/2023 written by Barbados Today Updated by Sandy Deane 18/04/2023 1 min read A+A- Reset Director of Finance and Economic Affairs The Most Honourable Ian Carrington Share FacebookTwitterLinkedinWhatsappEmail 103 In March, Prime Minister Mia Mottley announced that the Government will pay the outstanding severance owed to Barbadian LIAT Workers. Today, Director of Finance and Economic Affairs the Most Honourable Ian Carrington issued an update. Below is the full statement: The Government of Barbados notes that it has no legal obligation to settle any indebtedness to former LIAT (1974) Ltd. (LIAT) workers. To date, some workers have received two monetary gifts and a loan from the Government of Barbados. In addition, some workers who contributed to the Barbados National Insurance and Social Security Scheme have received what they are entitled to from the Scheme. The Government of Barbados will offer an ex-gratia payment to former Barbadian workers of LIAT. You Might Be Interested In Crystal Beckles-Holder, 2nd runner up in regional competition GUYANA: Body of child found after gold mine collapses Barbadians asked to help with return tickets for Haitians The ex gratia sum offered to each former employee will be no greater than the sum due to them from LIAT (1974) Ltd as a consequence of the termination of their employment following the Administration of the Airline. In calculating the Government’s ex gratia offer, the loan and other payments already received (not including gifts) will be deducted from the offer. A maximum cash offer of $75,000 will be made. Where after deductions, the balance is greater than $75,000, a portion will be paid in Series J Bonds. Persons will be contacted by email. Barbados Today Stay informed and engaged with our digital news platform. The leading online multimedia news resource in Barbados for news you can trust. You may also like Police investigate fatal shooting 25/12/2024 Barbadians and visitors enjoy Queen’s Park tradition 25/12/2024 Christmas Message 2024: Year of challenges 25/12/2024