– but company insists monies are safe
Guyana Water Inc (GWI) employees have expressed concern over the continued mandatory monthly deduction of five per cent of their salaries towards a pension plan which an insurance provider ceased managing but which the company is yet to inform them about.
However, the utility company’s management yesterday assured that the employees’ monies are safe and are being held by the Human Resources Department of GWI, until a resolution on the way forward is had.
GWI has around 1,100 employees and 90 per cent of those are on the mandatory plan, the company informed.