DSS defends decision to implement increase retirement age

first_imgLocalNews DSS defends decision to implement increase retirement age by: – September 6, 2011 Dominica Social Security buliding. Photo credit: investdominica.comThe Dominica Social Security is defending a decision to advocate for the implementation of an increase in retirement age and a higher contribution rate.A report has recommended that the retirement age move from 60 to 65 and the Dominica Social Security has been conducting sensitization meetings around Dominica.Deputy Director of the Dominica Social Security Augustus Etienne said the changes are imminent but the public’s impute is essential.“Because of the age of the system and because of the age of the population, we have a lot of people retiring and we are getting to point that the reserves that we have been able to accumulate overtime will be depleted in the future. When that happens we are going to have to charge people the real cost of the benefits that we are paying to them. In other to avid that, we have to make changes on a gradual basis so the system will be in place for future generations,” he said.He said the recommendations have been there for years but sometimes it’s difficult to implement some of those changes.“People are saying that things are looking bleak but every three years we are recommended by law to undertake a review which will indicate what changes will be made to the system. The system is not meant to be static. Overtime changes must be made and where you fail to make changes when you were suppose to make changes, the time will come when you will have to make drastic changes that will be too much for the people will deal at the time,” he explained.Dominica Vibes News Tweet Share Sharing is caring!center_img Share Share 14 Views   no discussionslast_img read more

Allardyce: Reid likely to leave

first_img Press Association “You have to accept the way it is and contrary to whether it breaks the rules or it doesn’t, it happens. “You are not going to prove it anyway. It is just one of the ways the football world works.” Allardyce believes while Reid may well “think he can do better” than West Ham, there is no reason to freeze the defender out of the team. “Why cut your nose off to spite your face? It doesn’t look like he is playing with his mind somewhere else to me, with the position we are in at the moment,” Allardyce said, who stressed there was no real need for the club to look to “cash in” on Reid during this month. The Irons boss continued: “What is it £1.8million a place (in the Premier League table)? So you might not be losing that (transfer fee) money actually and you have to balance it out. “It is not just the fact if somebody offers a certain amount of money you should grasp it because you are going to lose them for nothing in the summer and anyway whatever money we get won’t be enough to replace him in January.” Allardyce is not expecting a busy transfer window, but hopes his squad will be able to get through what is set to be a testing spell with players away at the African Nations Cup. West Ham are continuing to assess the extent of the back injury suffered by forward Diafra Sakho against West Brom, which could prevent him from being able to join up with Senegal. “Our major concern is making sure he is fit whenever he is fit,” Allardyce said. “If they (Senegal) want to come over here and assess him they can do, but you can’t really want him to fly all the way out there,” “If he has to go Senegal afterwards, then so be it, but it is not as if he is a major player for Senegal. He has only played 15 minutes.” “(With) what other managers are telling me it doesn’t bode well. Who knows? Only Winston and his agent can decide at the end,” said Allardyce. “But from what other people are telling me, what is going on in the world of football makes it difficult to think he is going to stay here.” Allardyce claims West Ham have put “a million offers” to Reid over the past year, but there has been no progress. As a free agent in the summer, the defender can, under FIFA transfer regulations, now talk to other sides – but as Allardyce was quick to stress “only foreign clubs”. The West Ham manager continued: “But can we prove it? “We have had them (regulations) for a long, long time. If you can prove that they (clubs) have broken the rules, then they are in serious trouble aren’t they? But you can’t prove it these days. You hear rumours, this, that and the other. “It might have nothing to do with the two clubs directly, it could be between two agents, so how can you relate that (back) to the football clubs? You can’t, so it can all get done that way.” Allardyce added: “If he is not going to sign a contract (here), I (would) find it highly unlikely if it is not already verbally done. The 26-year-old New Zealand international is out of contract with the Irons in the summer, and has so far failed to agree new terms at Upton Park. Allardyce, who takes his side to Everton in the third round of the FA Cup on Tuesday night, now feels the player has decided to further his career elsewhere, with the likes of Arsenal and Manchester United having been touted as possible destinations. West Ham manager Sam Allardyce believes defender Winston Reid has probably already agreed to play somewhere else next season.last_img read more