Retirement Age In Jamaica 2024. As of 1 august 2024 the average pension in jamaica is $220. The changes are in alignment with the pensions (public service) act, promulgated in 2017, which sought to, among other things, gradually increase the.
The ministry of labour and social security is pleased to announce that effective today, nis pensioners will begin to see the new pension rates reflected in their bank accounts. Under the pensions act, an officer having at least 10 years continuous service may retire from the service on one or more of the following conditions: