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Division of Co-operatives Look's at Gratuity Scheme for Fishers

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Contact: John Emmanuel

 

Monday, May 14, 2001 - The Division of Co-operatives of the Ministry of Community Development has begun examining a number of strategies aimed at improving the welfare of fishers on the island.

 

Registrar of Co-operatives Lucius Ellevic says the measures, in the first instance, will involve the institutional strengthening of fishermen’s co-operatives around the country. Another initiative will centre on the development of a much talked about gratuity scheme for fishers.  

 

According to Ellevic the present lifestyle of a fisherman suggests that when they are no longer able to go to sea they do not seem able to generate any other source of income. “We’re thinking that by using co-operatives as the facilitating mechanism, we can establish a gratuity scheme for fishermen. In this regard, we’re seeking assistance from the Commonwealth Fund for Technical Cooperation to carryout a feasibility study on how we can actually go about setting up that initiative,” he said.

 

Ellevic says although the idea has been mooted in the past albeit under a different name, that of a pension scheme put forward by the Ministry of Agriculture to benefit farmers, the Division of Co-operatives remains convinced that its latest efforts will not fall by the wayside, as did the others. 

He suggests that the important difference between what has been tried in the past and this current initiative lies in the proposed contributions beneficiaries would have to make to the scheme.  Whereas in the past, farmers for example, were required to fund their pensions by contributing a percentage of their earnings per pound of bananas or what ever they produced to a pension scheme, in the new arrangement it is proposed that the cooperatives either match the contributions to be made by the fishers or put in 100% of the amount.

One way of facilitating this, Ellevic says, is through the setting up of common pool funded by surpluses generated through the efforts of all fishermen doing business via the cooperatives. The logistics of the initiative he says are still being worked out and a formalized plan is to be presented to fishers for their comments before year’s end.

 

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