
Minister of Finance and the Public Service
UNIONS SIGN NEW PUBLIC SECTOR COMPENSATION AGREEMENT
Kingston, Jamaica: Wednesday, November 30, 2022
The Ministry of Finance and the Public Service (“MOFPS”) has reached an agreement with the Jamaica Association of Public Health Inspectors and the Staff Association of the College of Agriculture, Science and Education on the new restructured public sector compensation system.
On Wednesday, November 30, 2022, both unions signed with the MOFPS on the new compensation package. This brings to 17 the number of unions who have signed agreements with the MOFPS on the restructured public compensation system.
Hon. Nigel Clarke, DPhil., MP, Minister of Finance and the Public Service noted that it is the Government’s commitment to implement a public sector compensation that is fair, transparent and sustainable while emphasizing that every public sector worker will be better off financially when the new system is implemented.
The new compensation system will be implemented over three years with an effective date of April 1, 2022 and will cost approximately $120B over the period.
-end-
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
The third staging of the Ministry of Finance and the Public Service’s (MOFPS) National Budget Secondary School Tour is set to engage several schools in the parish of Clarendon. The Ministry rolled out this leg of the school tour with a launch at Glenmuir High School which included students from Denbigh High School on Tuesday, April 8, 2025.
The Ministry of Finance and the Public Service and the Jamaica Confederation of Trade Unions (JCTU) signed a Supplementary Agreement on September 12, 2024. Among the matters agreed in this Agreement is the movement of specific public sector employees along their substantive salary bands effective April 1, 2025.
Fitch Ratings Agency, on February 21, 2025, affirmed the Government of Jamaica’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB-’, with the outlook remaining “Positive.”
The National Health Fund (NHF) excelled at the Corporate Governance Awards copping several awards across different categories including the prestigious Greta Bogues Award for Excellence in Corporate Governance during the Public Bodies’ Corporate Governance Awards held at the Jamaica Pegasus Hotel on Wednesday, December 4, 2024.
Stay in the know with everything going on at the Ministry of Finance and the Public Service by subscribing the MOFPS INSIDER magazine.
Stay in the know with everything going on at the Ministry of Finance and the Public Service.