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Minister of Finance and the Public Service
The Restructuring of Public Sector Compensation
Kingston, Jamaica: Thursday, November 24, 2022
The Government has never planned to recover and will not be recovering, allowances that have already been paid to public sector workers as part of the implementation of the new compensation system.
The restructured public sector compensation system represents a new compensation structure for the public sector. It is not simply an increase on existing rates nor is it an update of the existing system. It is a new concept on how public sector employees are compensated with a guaranteed minimum increase in net compensation.
The new compensation system seeks to provide a single salary payment to an employee that represents a basic salary and certain allowances. The construct of the single salary payment has taken into account all such allowances that are being discontinued.
Statutory deductions paid and recorded for each employee for the Fiscal Year 2022/23 will need to be in line with computations under the new system. However, given the Government’s guarantee of a minimum increase in net compensation, there won’t be any requirements for employees to make any repayments of allowances already received. The gross compensation under the new system has accounted for the statutory deductions that will be due and for the minimum net compensation increase guaranteed by the Government for all public sector employees.
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For more 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
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
I note with much regret the pre-dated media release of August 14, 2025 shared by the Jamaica Teachers’ Association (JTA) today (August 15, 2025). While it is disappointing that the members of the JTA’s leadership choose not to continue the discussions at today’s meeting that they demanded, the Ministry of Finance and the Public Service (MoFPS) remains committed to the matter of Wage and Fringe Benefits negotiations.
The Ministry of Finance and the Public Service welcomes Jamaica’s invitation to participate in the Financial Action Task Force (FATF) “FSRB Jurisdictions Guest Initiative.” This prestigious invitation was extended by FATF President Ms. Elisa de Anda Madrazo and will allow Jamaica to sit at the FATF table under its own flag and contribute to the organisation’s key policy discussions and working groups over the course of one year.
Finance Minister, Fayval Williams, notes comments in the public domain concerning the appointment of Mr. Dennis Chung as Chief Technical Director (CTD) of the Financial Investigations Division (FID) and a proposal that the Government inserts itself into the process by over-turning the recommendation of the Office of the Services Commission (OSC).
Finance Minister, Fayval Williams, notes comments in the public domain concerning the appointment of Mr. Dennis Chung as Chief Technical Director (CTD) of the Financial Investigations Division (FID) and a proposal that the Government inserts itself into the process by over-turning the recommendation of the Office of the Services Commission (OSC).
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