Beautiful Virgin Islands

Wednesday, Feb 25, 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sections of the Retiring Allowances Legislative Service Amendment Act 2021 nicknamed the ‘Greedy Bill’ will be repealed.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from London, we will have a Cabinet paper which will put forward a decision to have the offending sections of that act repealed.”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
Britain’s Channel Crisis: Paying Billions While the Boats Keep Coming
Downing Street’s Veteran Deception Scandal
UK HealthCare Expands ‘Food as Health’ Initiative Statewide to Tackle Chronic Illness in Kentucky
Leonardo Chief Says UK Set to Decide on New Medium Helicopter Programme
UK Slows Chagos Islands Agreement After Concerns Raised in Washington
European and UK Stock Markets Reach Fresh Highs as Banks and Miners Lead Rally
UK Government Insists Chagos Islands Negotiations Continue After Minister’s ‘Pause’ Remark
No Confirmed Deal for Engie to Acquire UK Power Networks Amid Market Speculation
UK Reaffirms Updated Entry Requirements for Travellers as of February 25, 2026
Lord Mandelson Condemns Arrest as Driven by ‘Baseless Suggestion’ He Would Flee Abroad
Former UK Ambassador Released on Bail Following Arrest in Epstein-Linked Investigation
UK Parliament Orders Release of Former Prince Andrew’s Government Vetting Files
Reddit Fined £14 Million by UK Regulator Over Failures in Age Verification Controls
UK Moves to Tighten Regulation of Netflix, Disney+ and Prime Video Under New Media Rules
British Woman Who Reported Rape in Hong Kong Faces Possible Prosecution
UK Sanctions New Zealand Insurer Maritime Mutual Following Allegations Over Russian Oil Cover
Reform MP Danny Kruger Condemns UK’s ‘Unregulated Sexual Economy’ in Call for Tougher Controls
UK Sanctions Russian ‘Illicit Oil Traders’ After Email Blunder Exposes Sanctions Evasion Network
Russia Amplifies Baseless Claims That UK and France Plan to Arm Ukraine with Nuclear Weapons
UK Imposes Sanctions on Two Georgian Television Channels Over Alleged Russian Disinformation
United States National Parks See Noticeable Drop in Visitors from Canada, U.K. and Australia
UK, Australia, Canada and New Zealand Escalate Sanctions on Russia as Ukraine War Marks Four Years
UK Economy Faces Acute Strain as Trump’s Global Tariff Reshapes Trade Landscape
UK Signals Retaliation Is Possible as New US Tariff Policy Threatens Trade Stability
British Police Arrest Former Ambassador Peter Mandelson in Epstein-Related Misconduct Probe
Australia Officially Supports Proposal to Remove Andrew Mountbatten-Windsor from Royal Succession
Diverging Polls Show Mixed Signals on UK Economic Revival as Confidence Remains Fragile
Spotify Expands AI-Driven ‘Prompted Playlists’ Feature to the United Kingdom and Other Markets
Greens and Reform UK Surge in Manchester By-Election, Threatening Labour’s Historic Stronghold
UK Businesses Push for Closer European Trade Links Amid Renewed US Tariff Uncertainty
Deloitte Global Overhaul Sparks Leadership Contest in the United Kingdom
University of Kentucky and Microsoft to Showcase Campus-Wide AI Innovation
UK Food System Faces Acute Vulnerability to Shocks, Experts Warn
Reform UK’s Proposed ICE-Style Deportation Scheme Triggers Sharp Backlash
U.S. Global Tariff Push Leaves Britain, Australia and Others Facing Higher Costs and Trade Strain
UK Police Officers Guarded 2010 Epstein Dinner Attended by Prince Andrew, Reports Say
US Trade Representative Affirms Commitment to Existing Tariff Agreements with UK and Other Partners
Activists at the Louvre hung a framed Reuters photograph of Andrew Mountbatten-Windsor slumped in the back of a car leaving a police station on the day of his arrest
Metropolitan Police Deploys Palantir-Powered AI to Flag Potential Officer Misconduct
UK Parliament Rebukes Police Over Ban on Israeli Football Fans
Britain Emerges Among a Small Group of Nations Without a Religious Majority
UK’s Manufacturing Base at Risk as Soaring Energy Costs Weigh on Industry
Matt Goodwin’s Unconventional Campaign for Reform UK in the Gorton and Denton By-Election
US Military Movements in the UK Spark Speculation Over Preparations Related to Iran Tensions
UK Faces Significant Economic Risk From Trump’s New Global Tariff Regime
UK Defence Secretary Signals Intent to Deploy British Troops to Ukraine
UK Students Mark Lunar New Year as Universities Adjust to New Equality Compliance Rules
UK Government Weighs Removing Prince Andrew from Line of Succession After Arrest
Prince Andrew’s Arrest in UK Rekindles Scrutiny Over US Handling of Epstein Records
Trump’s Strategic Warning to UK Over Chagos Islands Deal Sparks Diplomatic Whiplash
×