Concern over retirement fund

Staff at the University of the West Indies (UWI) Cave Hill Campus are expressing deep frustration and anxiety following a meeting regarding the management of their retirement funds.

A proposal to transition the current superannuation plan from a Jamaica-based trust to a local entity has sparked fears that retirees will lose access to their hard-earned savings.

At a recent meeting attended by the Barbados Workers’ Union (BWU), university administration presented a plan to shift the management of the staff fund...