The Ministry of Finance is in the process of finalizing the payment of terminal benefits (Ex-gratia Payments) to all waged persons that ended their tenure with the Turks and Caicos Islands Government during the period 2009 to 2016. We are happy to announce that at Cabinet meeting on the 26th October 2016 approval was granted for waged persons, who were not in receipt of severance payments, upon completion of their tenure with the Turks and Caicos Islands Government to receive a maximum ex-gratia payment of four months wages. These initial payments will be disbursed on the 12thDecember 2016.
It is important to note that a further review of pensions and gratuities will be conducted by the Ministry of Finance during the next financial year.