Income Tax and the Pensioner
Pensioners are required by law to pay income tax. Once the pension is over the tax threshold then a 25 percent income tax is applied. However the tax threshold varies depending on the age of the pensioner. See below the…
Restoration to Full Pension
Pensioners retired prior to April 1, 2018 who elected to take a gratuity at retirement and have completed 12 ½ years in retirement will be restored to full pension. When a pensioner elects to receive a gratuity and a reduced…
Minimum Pension
Government Pensioners are entitled to receive a minimum pension each year based on their years of service. The Government of Jamaica stipulates the minimum pension, which is subject to change. The current minimum pension with effect from July 1, 2019…
COVID-19 Public Advisory
Following the announcement by Prime Minister Andrew Holness at the Press Briefing on March 16, 2020, the Accountant General has made an assessment of all service areas of the Accountant General’s Department (AGD) and has determined that limited service will…
