JEF Hosts 2-Day Pension Workshop

The Jamaica Employers' Federation (JEF) will be hosting a two-day workshop on the 'Roles and Responsibilities of the Pension Fund Trustee’.

The workshop, to be held on July 25 and 26 at the JEF's training centre located at 2A Ruthven Road in Kingston, will examine the structure of a pension scheme and the key role of the trustees in the deliverables associated with such systems.

Over the two days, various topics will be covered including: the design and structure of pension schemes; pension plan administration; factors affecting policy decisions and deliverables; investments and attendant benefits; new legislation and implications and actuarial audits.

Chief Executive Officer (CEO) of the JEF, Brenda Cuthbert, told JIS News that CEOs, directors, pension fund administrators, trustees, human resource managers and union representatives can benefit from the workshop.

"We recognize that the pension plan is very topical and the role and responsibility of the trustee is one that needs to be reinforced…what we want to do is assist our participants to gain knowledge and understanding of the various structures of the pension schemes,” Mrs. Cuthbert said.

She added that the workshop will help persons to plan and secure their future after retirement and learn how to reap success and gain greater independency.

Participants, who are members of JEF, will pay $17,500 and non-members $18,500 for the two days. The costs include coffee break, lunch and handouts.

Companies registering five or more participants will be eligible for a five per cent discount. The workshop will be held from 8:30 a.m. to 4:30 p.m. on both days.

For further information regarding the workshop, persons may contact the JEF Secretariat at 926-6762 or email: info@jamaicaemployers.com.

By Shevoneese McFarlane/Kadian Brown