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Tourism Workers’ Pension Scheme officially launched
Jan 14th, 2022 | Category: GLEANER PREMIUM | 10:32#JamaicaGleaner JANUARY 14, 2022: Having the potential to become the largest pension plan in Jamaica, the long-awaited Tourism Workers' Pension Scheme was officially launched at the Montego Bay Convention Centre in St James on Wednesday, January 12, 2022. The multi-billion-dollar project, administered by two major insurance companies in the country, Guardian Life, the administrator, and Sagicor, the investment manager, is targeting some 360,000 tourism workers. The Government will pump $1 billion into what the scheme's chairman, Ryan Parkes, has tagged as a monumental achievement.
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