THE Guyana Agricultural and General Workers Union (GAWU) Co-operative Credit Union has resumed its activities with the Guyana Sugar Corporation (GuySuCo), the union said in a press release yesterday.According to GAWU, this is in keeping with the Memorandum of Agreement between the parties to recommence deductions of contributions in favour of the Credit Union from workers’ earnings with effect from work-week July 5th – 11th, 2015.
The Credit Union and GuySuCo have agreed to continue to address the settlement of the outstanding sum of money owed to the Credit Union which totalled on 31st May 2015, $188,045,825.
According to the release, it is the firm understanding of the Credit Union and GuySuCo that workers’ savings henceforth at the end of each month will be remitted to the Credit Union and thus no further indebtedness to the Credit Union should ever arise.
Members who look forward to the continued service of the Credit Union will welcome, undoubtedly, the decision and hopefully will spare no efforts to re-authorise the Corporation to facilitate their savings in the Credit Union, the release concluded.