
Minister of Finance and the Public Service
The Restructuring of Public Sector Compensation
Kingston, Jamaica: Monday, February 21, 2022
The Jamaica Teachers’ Association (JTA) is the latest public sector unit to ink a new 12-month Heads of Agreement to accept the Government of Jamaica’s offer of a 4% wage increase for the financial period April 2021 to March 2022.
Minister of Finance and the Public Service, Hon. Nigel Clarke, DPhil., MP, during the ceremony noted, “We are pleased that we are able to reach an accommodation with the Jamaica Teachers’ Association, with the understanding that we are in a pandemic, still emerging from and we plan in the next fiscal year to begin the implementation of the restructuring of public sector compensation.”
“Jamaica is one of the few countries, in this region to offer increases in both 2020 and 2021 in the midst of a pandemic. I remain committed to working with the Jamaica Teachers’ Association. I pledge to work with you over the upcoming year and the years to follow in the restructuring of the public sector compensation, in a way that is to the benefit of teachers today and in the future,” he further explained.
President of the Jamaica Teachers’ Association, Winston Smith is anticipating that the new compensation review will be in keeping with the economic conditions of the country.
“I want it to be abundantly clear that the teachers of Jamaica have always and will always put the interest of the country to the forefront of all that we do. Teachers are human beings that must exist within the economy framework within which a country operates and therefore, Minister [of Finance] we are expecting that as we move beyond this point that our deliberation, discussions and of course compensation would be more aligned with what the fiscal realities of the country are as it relates to our salary and compensation, as it relates to inflation rate and of course the opportunity of sustainability within the profession.”
The Hon. Nigel Clarke, DPhil., M.P. along with State Minister, the Hon. Marsha Smith, Financial Secretary, Darlene Morrison, Acting Permanent Secretary of Education, Maureen Dwyer and representatives from the Jamaica Teachers’ Association were present for the signing ceremony held at the Ministry of Finance and the Public Service on Monday, February 21, 2022.
For further information contact:
Corporate Communication & Public Relations Branch
Ministry of Finance and the Public Service
30 National Heroes Circle
Kingston 4
Tel: (876) 932-4656/4660/4655
Email: Shelly-Ann.Weeks@mof.gov.jm; Shakiel.Rochester-Shorter@mof.gov.jm
The Hon. Nigel Clarke, D.Phil., MP
Minister of Finance and the Public Service
30 National Heroes Circle, Kingston 4
Tel: (876) 932-4656 / 4660 / 4655
Eml: opedjamaica@gmail.com
Officers of the Revenue Protection Department (RPD), with assistance from the MajorOrganised Crime and Anti-Corruption Agency (MOCA), last week, arrested and charged Rhemalee Wint-Lewis, Tax Auditor of the Tax Administration Jamaica (TAJ) for breaches of the Corruption Prevention Act.
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke has announced that it is no longer necessary for the Government of Jamaica to provide support for the salaries of SSL staff members; an insurance claim made by the Temporary Manager of SSL in April of this year, to SSL’s insurers in England, has now been settled. SSL received the insurance payout of US$1 million on Thursday, September 7th, enabling SSL to settle the remainder of their August staff salary bill last week Monday, September 11.
Standard and Poor’s Global Ratings, today, September 13, 2023, upgraded the Government of Jamaica’s Long-Term Foreign and Local Currency Issuer Default Rating (IDR) from ‘B+’ to ‘BB-’ with a stable
outlook.
The Financial Investigations Division (“FID”), is using the proceeds of assets confiscated under Jamaica’s proceeds of crime legislation to fund the extraordinary expenses it incurs in the SSL fraud investigation. These funds do not constitute tax revenue. These funds arise from the FID’s work in identifying, restraining, forfeiting and monetising the proceeds of crime. That is, these funds arise from the confiscation of ill-gotten gains.
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