Beautiful Virgin Islands

Wednesday, Apr 08, 2026

Cabinet to soon make decision on repealing sections of ‘greedy bill’ - Premier Wheatley

Cabinet to soon make decision on repealing sections of ‘greedy bill’ - Premier Wheatley

Virgin Islands Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7) has affirmed that as soon as he returns from a planned trip to London, the offending sections of the Retiring Allowances Legislative Service Amendment Act 2021 nicknamed the ‘Greedy Bill’ will be repealed.

The Premier was at the time speaking at a press conference and General Update today, May 2, 2023, on matters in the VI.

“Soon at the cabinet meeting, perhaps after I return from London, we will have a Cabinet paper which will put forward a decision to have the offending sections of that act repealed.”

He added, “But as the Attorney General [Dawn J. Smith] reminded us, and when we had the recalled House of Assembly, it's important for us to go through the legislative process, so we don't want to make mistakes and we don't want to skip steps,” he added.

He assured, however, that as soon as he returns from his trip, a decision to repeal the offending sections of the Legislative Retirement Allowances Act will be made, in keeping with promises made in the 2023 elections campaign trail in the VI.

Ahead of the April 24, 2023 Elections, a decision was taken to not repeal the bill at a recalled House of Assembly on advice of the Attorney General.

The Retiring Allowances Legislative Service Amendment Act 2021, nicknamed the ‘Greedy Bill’, became a hot topic during the 2023 campaign trail.



Problematic parts of the bill

Problematic parts of the legislation, according to critics, included sections that specify if a legislator has served three terms in the House of Assembly, that legislator receives a gratuity in the amount of $250,000-300,000 immediately upon retirement if they are 50 years or older.

Further, three-term legislators would receive his or her current salary per month for a fixed number of years as if they were working.

The Premier added that for persons already entitled to benefits, legal advice would be sought since those persons cannot be disenfranchised.

“That is something that we're going to need legal advice on, persons who have already become entitled to benefits. We certainly don't want to disenfranchise anyone from a legal perspective and taking away rights, which they have already earned.

He added, “but for me, the ideal situation is to come up with salaries from an independent body... Pricewaterhouse Coopers is currently conducting a review of salaries and we would want for them to recommend salaries for legislators, which is commensurate with the roles and responsibilities and also takes into consideration all other professions,” he said.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
UK to Partner with Shipping Industry to Rebuild Confidence in Strait of Hormuz, Cooper Says
UK Interest Rate Expectations Ease Following US–Iran Ceasefire Agreement
Starmer Signals Major Effort Needed to Fully Reopen Strait of Hormuz During Gulf Visit
UK Fuel Prices Face Ongoing Volatility Amid Global Pressures and Domestic Factors
Kanye West’s Planned Italy Festival Appearance Draws Debate After UK Entry Ban
Smuggling Routes Shift Toward Belgium as Migrant Crossings to UK Evolve
Ceasefire Offers Potential Relief for UK Fuel and Food Prices Amid Ongoing Uncertainty
Iran Conflict Raises Questions Over UK’s Global Influence and Military Preparedness
Senator McConnell Visits Kentucky to Highlight Federal Investment in Local Projects
Kanye West Barred from Entering UK as Legal Grounds Come into Focus
UK Denies Visa to Kanye West After Sponsors Withdraw from Wireless Festival
Trump-Era Forest Service Restructuring Leads to Closure of UK Lab Focused on Kentucky Woodland Health
Foreign Students in the UK Describe Harsh Living Conditions and Financial Pressures
Reform UK Proposes Visa Restrictions on Nations Pursuing Reparations Claims
Public Reaction Divides Over UK Decision to Bar Kanye West
Calls Grow for UK to Review US Base Access Following Concerns Over Escalating Rhetoric
UK Indicates It Will Not Permit Use of Its Bases for Potential US Strikes on Iran’s Energy Infrastructure
UK Prime Minister Defends Decision to Bar Kanye West, Questions Festival Booking
UK Accelerates Efforts to Harmonise Medical Technology Rules with United States
Wireless Festival Cancelled After Kanye West Denied Entry to the United Kingdom
Operation Europe: Trump Deploys Vance to Hungary to Save the EU
King Charles Faces Criticism From Some UK Christians Over Absence of Easter Message
Former UK Defence Secretary Raises Concerns Over Ability to Counter Iran Missile Threat
UK Signals Non-Involvement in Iran Conflict as Trump Reasserts Firm Deterrence Stance
US and UK Strengthen Medical Device Cooperation Following Tariff Removal
Trump Backs Steve Hilton for California Governor, Highlighting Reform Agenda
UK Seeks Closer Ties With Anthropic as AI Policy Divergence Emerges Across Atlantic
Experts Warn of Evolving Extremism After Teens Arrested in UK Ambulance Arson Case
UK Convenes Talks to Safeguard Shipping Through Strait of Hormuz After Conflict Escalation
Trump Highlights Strong Leadership in Critique of UK Stance on Iran
UK Authorities Review Kanye West’s Entry Status Following Festival Backlash
UK Considers Deploying Aircraft Carrier for US Independence Day Celebrations Amid Renewed Transatlantic Focus
United Kingdom Moves to Attract AI Firm Anthropic Amid Tensions with US Defense Officials
RAF Intercepts Iranian Drones in Middle East to Defend Allied Security Interests
Labour Signals Shift on Foie Gras and Fur Restrictions to Advance EU Trade Talks
Seven Arrested Near RAF Base as UK Authorities Respond to Protest Activity
Economic Pressures Mount as Analysts Warn UK Growth Is Being Constrained by Policy Burdens
UK Green Party’s Push for Church-State Separation Sparks Debate Over National Identity
Strategic Island Emerges as Growing Challenge for United States and United Kingdom Defense Planning
Pepsi Pulls Sponsorship from UK Festival Following Backlash Linked to Kanye West
Signs Emerge of Declining Enthusiasm for Social Media in the United Kingdom
Security Alert Raised Ahead of Meghan Markle’s Planned Visit to Australia
UK Food Halls Defy Hospitality Slowdown, Emerging as Bright Spot in Challenging Market
UK Sets Firm Conditions for Military Action, Insisting on Legal Mandate and Clear Strategy
UK Medicines Regulator Launches Probe into Peptide Clinics Over Health Claims
New North Sea Drilling Unlikely to Significantly Cut UK Gas Imports, Analysis Finds
Woman Linked to UK’s First All-Female Terror Plot Faces Deportation
Downed US Aircraft Over Iran Linked to Operations from UK Airfield
Two Men and Teen Detained in UK Following Attack on Jewish Charity Ambulance
UK Police Launch Inquiry After Firearms Left Unattended Outside Mayor’s Residence
×