Discussion on indexation begins in next two weeks

POSTED: 09/10/12 12:05 AM

St. Maarten / 7 Sept. 2012 – The Organized Consultative Body (GOA) is expected to convene within two weeks to discuss the future of indexation on St.Maarten. On Wednesday Prime Minister Sarah Wescot-Williams said that since the 2010 cost of living adjustment (Cola) was paid last month, the time was now rife to start consultations on personnel matters.
Earlier this year, the Cft recommended that St.Maarten devise a new way of structurally adjusting salaries, since prior hiccups with the Cola reflected poor budgeting.
The GOA body comprises workers representatives and civil society along with government for consultation on personnel matters.
“After both the Minister of Finance and I indicated that it is necessary that we have discussions regarding that with the representatives of the workers of government and look at ways and means of the indexation that is now applied to all salaries of government,” the prime minister said.
She reiterated that indexation is not governed by law but a policy of government which states that indexation will be paid out in full form as is the current situation.
“That discussion we want to have ahead of time so that we don’t end up in a situation like we had for the payment of the last indexation,” the prime minister said.

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