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Bermuda Budget

Budget

"Last minute budget talks criticised"

With just ten days to go before Budget Day, Bermuda's public sector workers have yet to agree to an unprecedented pay cut/pensions contributions freeze proposal. And the Opposition One Bermuda Alliance is criticising what it sees as 11th hour budget ...
Feb 15, 2012
Budget

"Impact of pay cut and pension proposals"

Impact of Government Pay cut and Pensions Proposal MPs and Ministers’ Salaries Background MPs and Ministers pay 12.5 per cent of their gross salaries into their pension fund called the Ministers and Members of the Legislature Pension Fund. Governm...
Feb 15, 2012
Letters to the Editor

"Clarify pension proposal "

A lighter pension February 12, 2012 Dear Sir, I seem to have missed the explanation to Government workers that the calculation of their pension will be “light” by 12 monthly contributions. This comes about because the rules state that pension entitle...
Feb 15, 2012
Budget

"BPSU holds meeting tomorrow"

The Bermuda Public Services Union has called an emergency meeting of its membership for tomorrow afternoon, following a meeting between its executives and Government yesterday. Government has proposed to public sector workers that pension fund contri...
Feb 14, 2012
Editorials

"Parliamentary salaries"

There’s a good deal of political point-scoring going on around Parliamentary salary cuts, and it is important to remember first principles in this. First, it is welcome news that the Progressive Labour Party Government has finally embraced the idea ...
Feb 14, 2012
Letters to the Editor

"Wage cut may contravene Act "

Cutting Parliamentary salaries February 10, 2012 Dear Sir, In the “old days” Parliamentarians set the levels of their own wages. Because this was deemed to be somewhat unethical, The Ministers and Members of the Legislature Salaries Review Board (MMO...
Feb 14, 2012
Politics

"Premier: Act modernises Customs"

Legislators have updated the Revenue Act with a host of provisions which brought it into the 21st Century. But one key change is that goods brought back into Bermuda will no longer be subject to additional duty. Currently, goods reimported into Bermu...
Feb 13, 2012
Other

"We want to hear from you!"

The Budget is almost upon us and we want to recruit our readers to help us get instant feedback. We want to set up a Readers’ Forum a group of people prepared to give us their opinion and to answer one or two questions on the Budget. If this is succe...
Feb 13, 2012
Politics

"Chamber division voices opposition to duty rate rise proposal"

A Bermuda Chamber of Commerce division has added its voice to calls for proposed duty rate increases on imported personal items to be scrapped. The Chamber's Shipping Division has had several meetings in recent weeks as a result of the proposed hike...
Feb 13, 2012
Politics

"OBA rejects ‘raid on the future’"

Government’s plan to freeze pension contributions to soften the blow of pay cuts for MPs and workers was rejected by the One Bermuda Alliance last night. Leader Craig Cannonier dubbed the proposal “a raid on the future”, claiming it would take more t...
Feb 13, 2012
Other

"We want to hear from you!"

The Budget is almost upon us and we want to recruit our readers to help us get instant feedback. We want to set up a Readers’ Forum a group of people prepared to give us their opinion and to answer one or two questions on the Budget. If this is succe...
Feb 13, 2012
Opinion Writer

"Our system has a mechanism for dealing with unethical behaviour"

The news media, social media and blogs have been saturated of late with extensive reports and commentary about the conduct of public figures. Such saturation has led some to believe that unethical behaviour and corruption is rife within the corridors...
Feb 08, 2012
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