Many employees particularly in the junior staff category at the Guyana Sugar Corporation (GuySuCo) are disheartened by the protracted delays in issuing pension refunds when an employee has resigned or is being paid off for some reason.
Most employers in Guyana and within our Caricom region issue pension refunds to their former employees within 3 or 4 weeks. The regional average is 3 weeks. In GuySuCo’s case it is sometimes 6-7 weeks which is extremely painful. Currently GuySuCo has been processing over a dozen junior staff refunds from the East Demerara Estate in particular for over 6 weeks now, without these former employees being told anything.
An urgent intervention by the Board of Directors is now necessary to ensure these workers are expeditiously compensated and ensure a more effective system is in place to make life more comfortable for workers in future cases.
(Name and address provided)