Jamaica’s tourism industry workers are celebrating a unique first; a comprehensive tourism workers’ pension plan.
At the official launch of the Tourism Workers Pension Scheme (TWPS) at the Montego Bay Convention Centre, Minister of Tourism Edmund Bartlett said that it was a first for Jamaica and in the whole world. While most other pension plans relate to different companies or entities, the TWPS embraces all workers, entrepreneurs, and stakeholders and will benefit hundreds of thousands of people, directly and indirectly, employed in the industry.
Bartlett said: “This is more than just a game changer; it is in fact a life-changer, as it gives our tourism workers something to look forward to that will supplement their savings going into the twilight years of their life. The scheme has been 14 years in the making and fulfils a commitment I made, but more than anything else it really underscores our commitment to improving the welfare of workers in the industry while developing the human capital and our recognition and appreciation that our people, with one of the most amazing cultures in the Caribbean, are the backbone of our very important tourism industry.”
He added that it would be a huge mistake to undervalue or trivialise the role of tourism industry workers, who contribute to a huge percentage of national income. Recipients of the pension plan are immensely grateful, especially after the disruption of the last two years because of the COVID-19 pandemic.