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DCA


When DCA was taken over from the NA by Curaçao island, the NA government guaranteed ALM workers' rights.
This, according to Frensel Marchena, was agreed in a 25 November 2000 meeting with ex-PM Miguel Pourier, Financiën-director Gregory Damoen and Centrale Bank representatives present. When DCA goes bankrupt, it's the NA country, not Curaçao island, that would have to pay SVB cesssantia, estimated at 23M tot 25M. While it is not clear if DCA has paid cessantia, according to Sociale Verzekeringsbank SVB [Social Security Bank] this makes no difference to the workers' rights.
Newspaper article, 25 August 2004




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