Government considering aspects of pension reform proposal from unions
Jerome Reynolds, Acting Assistant News Editor – Radio
The Government is reportedly considering some of the proposals by trade unions representing public sector workers on pension reform for civil servants.
According to President of the Jamaica Confederation of Trade Unions (JCTU), Helene Davis Whyte, the Government has indicated that it will review the proposals.
This is a change in position of the Government.
Davis Whyte says the parties again met yesterday where further progress was made on the pension reform discussions.
While declining to disclose specifics, she says the unions are encouraged.
The JCTU president says the parties are expected to again meet in another week to hold further discussions.
Prime Minister Andrew Holness had pleaded with the unions to continue negotiating following their threats to fight his administration over pension reform.
In its agreement with the International Monetary Fund, the Government has indicated that it would introduce new legislation in April that would change retirement benefits to its employees.
The JCTU, which represents the majority of civil servants, has argued that if implemented the proposed changes would see public sector workers retiring with less money.
It stressed that they would be resolute against any action by the Government that will put civil servants at a disadvantage.