The Ministry of Labour and Social Security is advising National Insurance Scheme (NIS) pensioners that all pension vouchers with payable dates of April 2020, that they will be able to encash these as of Monday, March 30.
The early encashment will only be available at the post offices. National Commercial Bank (NCB) will only cash pension vouchers on or after the date payable.
Director of National Insurance at the Ministry, Portia Magus, tells JIS News that the early encashment of vouchers is intended to provide pensioners with access to their benefits during the COVID-19 crisis.
Meanwhile, Government of Jamaica pensioners will have more time to complete and hand in their life certificates to the Accountant General’s Department (AGD).
The new policy measure will be implemented this month, with certificates being dispatched at the end of May 2019, to be returned at the end of July.
Certificates will be dispatched in August to be returned in October; documents will be sent out in November for completion and return in January 2020; and certificates will be sent out in February to be returned in April0.
Pensioners are being advised to collect their certificates from the post office early, so that the mail is not sent back to the AGD.