Special early retirement programme deadline extended

Sunday, February 25, 2018

Print this page Email A Friend!

KINGSTON, Jamaica (JIS) — The deadline for the Government's Special Early Retirement Programme (SERP) has been extended to February 28, 2018.

The SERP is a voluntary separation initiative that allows public-sector employees, aged 50 to 59, under the non-contributory government pension scheme to take up early retirement through an incentivised package.

Speaking at a JIS Think Tank recently, Deputy Financial Secretary, Strategic Human Resource Management at the Ministry of Finance and the Public Service, Wayne Jones said support will be provided to successful applicants in the form of financial guidance and life counselling [to assist with] transitioning from one point to the other.

“There are persons who have occupied the same job all their lives and for them to transition from that point to somewhere else, it will require some preparation and hand-holding, so we will be providing such guidance to make sure persons make the right decision when moving on,” he explained.

The SERP, which is being undertaken through the Ministry of Finance and the Public Service, was opened on January 2, 2018.

Interested applicants must have been vested with 10 years' service, with at least one permanent appointment in a pensionable post during this period.

Eligible persons may apply for the programme through their Human Resources Department.
Successful applicants will receive an incentive of two weeks' salary for each year of service up to a maximum of one year's salary, as well as pay for vacation leave not taken.

For further information persons may email serp2017@mof.gov.jm, visit the webpage at mof.gov.jm/serp or call 778-5581.




1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.

6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.

7. Lastly, read our Terms and Conditions and Privacy Policy

comments powered by Disqus



Today's Cartoon

Click image to view full size editorial cartoon