Studies show that the average working person today will spend roughly 25 years in retirement.
To put it into perspective, if you are a recent entrant into the workplace this represents your entire nursery school, primary, high and university life combined. On the other hand, if you are close to your second quarter milestone, that period may be longer than your entire professional career thus far. In short, it is going to be a long time. We say it’s time to start planning for it.
We’re a not-for-profit organization with a mission to ensure that every working Jamaican can enjoy an independent and dignified life in retirement through adequate and sustainable pension coverage. Our collective vision and expertise will allow to better support our Jamaican retirees for the long term.
The Pension Industry Association of Jamaica (PIAJ) advocates for pension coverage for all Jamaicans. The association encourages Jamaicans to consider private pensions for retirement security.
Automatic enrolment involves enrolling employed individuals automatically into an approved retirement scheme.
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On sector development and pension planning
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