AN ECONOMIST has joined the call for employed Jamaicans to be automatically enrolled in a pension scheme to strengthen pension contributions and the retirement safety net. Keenan Falconer, economist with the UN Jamaican Economy panel, stressed.
Hugh Reid, general manager, JN Life Insurance, has urged employers who do not have a superannuation fund to consider auto-enrolment of their employees in a pension scheme to improve their workers’ retirement outcomes and avert a pension crisis. The.
Othneil Blagrove, senior manager for sales and marketing at JN Life Insurance, is urging more persons to plan for retirement because more Jamaicans are living longer. He added that if this was not done, there would be a heavy burden on the.
Labour lead specialist at the Inter-American Development Bank (IDB) Professor David Kaplan has described the National Insurance Scheme (NIS) as a “regressive use of public funds”. Kaplan was addressing the annual luncheon of the Pension Industry.