• Home
  • Post a press-release
  • Visibility packages
  • Subscribe email updates
  • Event Calendar
  • Contact

For Immediate Release | Official News Wire for the Travel Industry

Where press releases are breaking news

  • Home
  • Post a press-release
  • Visibility packages
  • Subscribe email updates
  • Event Calendar
  • Contact

Minister Bartlett to announce Board of Trustees for landmark Tourism Workers’ Pension Scheme

September 23, 2019 by PressEditor

Jamaica‘s Tourism Minister Hon. Edmund Bartlett, is set to announce the appointment of a Board of Trustees for the recently passed landmark Tourism Workers’ Pension Scheme. Designed to cover all workers ages 18-59 years in the tourism sector, whether permanent, contract or self-employed, the Scheme will cover all categories of workers.

“The Board of Trustees, which will comprise of a mix of highly capable stakeholders from the public and private sectors, will play a critical role in the management of the Scheme starting with the review of the regulations required to make it operational,” said Minister Bartlett.

The Board’s mandate will also include management of all moneys paid, or assets transferred into the Scheme and the appointment of a Fund manager. The pension Scheme which was passed in parliament in July, has also received the assent of the Governor General, His Excellency the Most Hon. Sir Patrick Allen.

In highlighting the importance of this next phase of the pension Scheme, Minister Bartlett said, “The appointment of the Board of Trustees will take us one step closer to making the act come to life and speaks to the government’s commitment to human capital development. This pension Scheme will secure the safety, future and social requirements of the people who work in it.”

The Tourism Workers’ Pension Scheme will receive $1 billion in funding from the Tourism Enhancement Fund (TEF) and benefits will be payable at age 65 years or older.

MEDIA CONTACT: Jamaica Ministry of Tourism, Corporate Communications, 64 Knutsford Boulevard, Kingston 5, Tel: 920-4926-30, Fax: 920-4944

Share this:

  • Twitter
  • Facebook

Filed Under: Travel & Tourism Tagged With: announce, Boulevard, minister, pension, pension scheme, trustees, workers

Search




Recent Articles

  • American Airlines Uses Partnerships to Grow Its Network, Offer Customers More Choice, and Provide a Premier Travel Experience in the Northeast
  • Courtyard By Marriott Taps Clubhouse App to Host NFL Draft Conversation with Rich Eisen
  • United Customers Can Now Schedule COVID Tests and be Automatically Cleared for Travel Directly through the Travel-Ready Center
  • Coronavirus Disease 2019 (COVID-19) situation in Thailand as of 21 April 2021, 11.30 Hrs.
  • ‘Entry Thailand’ online information centre launched for vaccinated international visitors
  • Jamaica Tourism Minister: Building Forward Stronger – Tourism 2021 and Beyond
  • The prestigious 2021 MICHELIN Guide Malta awards stars to two more restaurants as the Mediterranean archipelago establishes itself as a gastronomic destination
  • The Bahamas launches virtual People-to-People experiences
  • Farewell Gate 35X: American Airlines Welcomes Customers to a New Regional Concourse at Ronald Reagan Washington National Airport
  • Marriott International Signs Agreement to Debut JW Marriott Brand in Spain

Copyright © 2021 · Metro Pro on Genesis Framework · WordPress · Log in