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PSU Concerned Over Gob’s Plan To Reform Its Pension Scheme

The Public Service Union President, Dean Flowers has commented on the restoration of salaries come July 1, 2022. According to Flowers, it is a welcoming decision, but there is the concern over the Prime Minister’s announcement regarding the public service pension scheme. In his comments yesterday, the PM noted that the pension scheme without contributions from the public officers would eventually become unsustainable and therefore a reform is now necessary. PSU President Flowers says he is not entirely comfortable with the idea but the joint unions will await the next meeting with government officials.

The reinstatement of the ten percent wages for public officers and teachers is still some four months away. With the war between Russia and Ukraine, Belize’s Foreign Minister Eamon Courtenay had indicated that Belizeans should brace for impacts that could and would trickle down to Belize. Love News asked PSU President Dean Flowers if the promise for a reinstatement of the ten percent salary is being taken with cautious optimisim.

The ten percent cut in salaries for public officers and teachers was effected on June 1, 2021.