bartlet
Tourism Minister, Ed Bartlett says over 10 thousand Tourism and Hospitality workers have registered for the newly legislated Tourism Pension Scheme, the first of its kind globally.
He says with a billion dollar injection to the fund by the government of Jamaica, older contributors will also be able to benefit as much as their younger colleagues. Tourism took a major hit when the COVID-19 pandemic started, but locally things are already looking up. Minister Ed Bartlett’s also celebrating another win. Speaking at a media luncheon Tuesday, the minister says the pension programme is the first legislated tourism pension plan in the world and offers unprecedented protection.
A benefit brought on by the government’s 1 billion dollar donation to the fund. Minister Bartlett notes only 12 per cent of the local labour force have a pension plan, something that could drastically change with the latest tourism instrument.
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