Minister of State for Finance and the Public Service, Senator the Hon. Arthur Williams, has announced that increases in Government pension will be paid in January 2010.
He made this disclosure at the Jamaica Government Pensioners Association Christmas luncheon held yesterday (Dec. 9) at the Knutsford Court Hotel.
An amount of $500 million was allocated in the 2009/10 budget to increase the payments made to Government pensioners.
“On the 16th of November Cabinet signed off on how that amount will be applied. Let me say that it guarantees that all Government pensioners earning under $30,000 a month will have a monthly increase of $2,075; for those earning between $30,000 to $49,000 an increase of $1, 875 per month; and those over $50,000, have an increase of $1,350 per month,” Senator Williams said.
Minister of State for Finance and the Public Service, Senator the Hon. Arthur Williams (right) is in conversation with President of the Jamaica Government Pensioners Association, Charles Jones. They were at the Association’s Christmas luncheon held yesterday (Dec. 9) at the Knutsford Court Hotel in Kingston.
In addition, the State Minister said that the minimum pension payable to persons who have retired due to ill health, will also increase. For those who have served between 10 and 20 years, the payment will move from $96,000 per year to $180,000; and for those who have served 20 years or more, from $144,000 up to $228,000. The benefits to widowers and widows have also increased by $2,000 per month.
Meanwhile, Senator Williams stated that the Government will continue to work to improve the lives of pensioners.
“I will continue to work with you and the Association to see how we can improve the lot of pensioners and we are going to be taking a serious look at how we can reform the pension processes in Jamaica,” the State Minister said.
The Jamaica Government Pensioners Association, which was founded in 1966, aims to promote the general welfare of pensioners, and make appropriate representations to Government, in respect of matters affecting the condition of pensioners.