Beautiful Virgin Islands

Tuesday, Jun 03, 2025

Gov't To Implement Unemployment Benefits With No New Fees

Gov't To Implement Unemployment Benefits With No New Fees

Minister for Natural Resources, Labour, Immigration and Social Security, Hon. Vincent Wheatley has announced plans to introduce an unemployment benefits programme in a matter of months.
He said on the Honestly Speaking Radio Programme on Tuesday, November 3, that the programme will, however, not cause no further financial burden on the working class.

“It has been spoken about for the last 20 to 25 years, but it will be in place by next year, we have no choice! Because we cannot assume that this (Coronavirus Disease) is not going to happen in the next 100 years again. It might be an oil spill; this can happen again so we have to ensure that we put things in place for proper unemployment benefit,” he declared.

He said the unemployment programme would assist persons who are unable to work because of a natural disaster such as a hurricane or a pandemic such as COVID-19.

Wheatley continued: “I am going to make it happen. I would say by summer next year because it needs time to get seed money in place. You have to have time for the money to accumulate. The programme might start in January, but it might not be available for distribution until that time.”

Meanwhile, residents have been told that they can rest assured that the new programme will not be a further financial burden on them.

“The thinking would be not to increase the current, simply reconfiguring and redistribute it,” he said, referring to the Social Security contributions.

He continued: “I think the 8 ½ per cent would probably remain there, but instead of four per cent going somewhere, it will be three per cent and divert one. Something like that, we don’t want to add a burden unto anybody.”

Currently, the Social Security benefits are paid to qualified persons for sickness, maternity, invalidity, age, funeral, survivor and employment injury.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Harvard Urges US to Unfreeze Funds for Public Health Research
Businessman Mauled by Lion at Luxury Namibian Lodge
Researchers Consider New Destinations Beyond the U.S.
53-Year-Old Doctor Claims Biological Age of 23
Trump Struggles to Secure Trade Deals With China and Europe
Russia to Return 6,000 Corpses Under Ukraine Prisoner Swap Deal
Microsoft Lays Off Hundreds More Amid Restructuring
Harvey Weinstein’s Publicist Embraces Notoriety
Macron and Meloni Seek Unity Despite Tensions
Trump Administration Accused of Obstructing Deportation Cases
Newark Mayor Sues Over Arrest at Immigration Facility
Center-Left Candidate Projected to Win South Korean Presidency
Trump’s Tariffs Predicted to Stall Global Economic Growth
South Korea’s President-Elect Expected to Take Softer Line on Trump and North Korea
Trump’s China Strategy Remains a Geopolitical Puzzle
Ukraine Executes Long-Range Drone Strikes on Russian Airbases
Conservative Karol Nawrocki wins Poland’s presidential election
Study Identifies Potential Radicalization Risk Among Over One Million Muslims in Germany
Good news: Annalena Baerbock Elected President of the UN General Assembly
Apple Appeals EU Law Over User Data Sharing Requirements
South Africa: "First Black Bank" Collapses after Being Looted by Owners
Poland will now withdraw from the EU migration pact after pro-Trump nationalist wins Election
"That's Disgusting, Don’t Say It Again": The Trump Joke That Made the President Boil
Trump Cancels NASA Nominee Over Democratic Donations
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OnlyFans for Sale: From Lockdown Lifeline to Eight-Billion-Dollar Empire
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Hegseth Warns of Potential Chinese Military Action Against Taiwan
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Jamie Dimon Warns U.S. Bond Market Faces Pressure from Rising Debt
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Taylor Swift Gains Ownership of Her First Six Albums
Bangkok Ranked World's Top City for Remote Work in 2025
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
White House Press Secretary Criticizes Harvard Funding, Advocates for Vocational Training
France to Implement Nationwide Smoking Ban in Outdoor Spaces Frequented by Children
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
Russia's Fossil Fuel Revenues Approach €900 Billion Since Ukraine Invasion
U.S. Justice Department Reduces American Bar Association's Role in Judicial Nominations
U.S. Department of Energy Unveils 'Doudna' Supercomputer to Advance AI Research
U.S. SEC Dismisses Lawsuit Against Binance Amid Regulatory Shift
Alcohol Industry Faces Increased Scrutiny Amid Health Concerns
Italy Faces Population Decline Amid Youth Emigration
×