Pension Scheme for tourism workers by mid -2018
The much awaited Tourism Workers’ Pension Scheme will be up and running by mid-2018, informed the Minister of Tourism, Hon. Edmund Bartlett, Jamaica. The pensions committee, which is chaired by retired actuary, Daisy Coke, is moving steadily towards completing the preliminary processes related to the scheme.
“Finally, the long-awaited pension plan is now on the horizon. We had two sensitisation sessions with the workers; having completed the sessions with the employers and having done the necessary legislative arrangements up to the point where we are now ready for the Chief Parliamentary Counsel to review and to send it in its complete form to the Parliament,” the minister said while speaking at the Tourism Service Excellence Awards (TSEA) at the Montego Bay Convention Centre.
Jamaica’s tourism is no longer regarded as a “seasonal industry” but that the island is deemed an “all-round destination where the workers now have sustainable jobs,” the minister added.