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Union, JPS to resolve pension impasse

Published:Thursday | February 9, 2012 | 9:16 AM

Debbie-Ann Wright, Assistant News Editor

The Gleaner/Power 106 News Centre



The Labour Ministry has instructed that the board of trustees for the pension scheme of the Jamaica Public Service Company (JPS), to meet with the union representing workers in an effort to resolve the concerns of pensioners.



The company and the national Workers Union (NWU) met at the ministry yesterday, to address dissatisfaction by pensioners about proposed changes to the scheme.



Vice President of the NWU, Granville Valentine, said pensioners are upset about plans to remove surplus earnings from the fund.



He said the ministry has instructed that the parties agree on a meeting date today.



Valentine said the union will be making certain demands when that meeting is held with the board of trustees for the pension scheme.



Meanwhile, Valentine said the union and the company’s management are to return to the local level for talks, on disagreements about allowances for certain of the company’s workers.



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