Local NewsNews LIAT severance payments to be completed by early August by Barbados Today 26/07/2023 written by Barbados Today Updated by Asminnie Moonsammy 26/07/2023 0 min read A+A- Reset Share FacebookTwitterLinkedinWhatsappEmail 234 Barbados TODAY reported that the 89 former LIAT workers who were among hundreds from across the region terminated by the Antigua-based airline in 2020 had started collecting severance pay. Moore told a press conference at the union’s headquarters that final payments were expected to be fulfilled during the first week of August. “We are satisfied that the relevant ministries, that is the Ministry of Tourism and the Ministry of Finance, are now at a level where they should be ready to wrap up that issue most definitely by the end of next week,” she said. “It effectively means this week, all of those calculations and so on should be sorted so that workers can receive the differences that they are owed …. The monies should be paid during the first week of August or so.” Prime Minister Mia Mottley announced in Parliament during her wrap-up of the Budget debate in April that the Government would pay $10 million in outstanding severance payments to the Barbadian workers. She assured them that they would be fully compensated. Payments of up to $75 000 are being made in cash to each worker while any amount above that is being paid in bonds. (SB)]]> 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 Scores enjoy day of fun and relaxation 26/12/2024 Charity aims to transform lives, one hamper at a time 26/12/2024 Christmas Message 2024: Make a positive difference 26/12/2024