…fund has been destabilized – source
…Hand-in-Hand Insurance tightlipped
While there have been major concerns regarding the status of the Guyana Sugar Corporation (GuySuCo) Pension Fund, which is said to be at a crisis level, Acting Chief Executive Officer, Paul Bhim has defended his company stating that there have been certain mistruths about the fund.
Bhim told Guyana Times that there are currently two pension funds for sugar workers, one which is for all unionized employees which is fully funded by GuySuCo, and another for senior staff. In the case of the general employees’ fund, Hand and Hand Trust Corporation is the trustee.
