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Gov’t affective to accept absolute drop NIS alimony payments

KINGSTON, Jamaica — People accepting retirement alimony payments beneath the National Insurance Scheme (NIS) will anon be appropriate to accept a coffer account.

NIS Director, Portia Magnus said that the plan is to accept all NIS pensioners accepting their funds through absolute deposits into their accounts.

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“That is area we will be going,” she said.

“Gradually we are shifting. The Government is affective added and added from paper, which is time-consuming and costly, and activity added electronic, and so, overtime, you will see that the alimony adjustment books are activity to be phased out,” she acicular out.

People now accept their allowances through the alimony adjustment book, a cheque, coffer abstract and absolute drop to a coffer account.

Magnus said that already the assets are in place, the Ministry will apparatus absolute drop on a added calibration to absolute pensioners.

“So, already on the new appliance form, bodies are appropriate to accommodate their cyberbanking information,” she acicular out.

For the alimony adjustment book, retirees accept a voucher/cheque book with 13 leaves.

“Each agenda is predated and it’s two weeks apart. So, you can encash a agenda every two weeks, or as you feel, because they absolutely become anachronous afterwards six months like a cheque. But the date is every two weeks,” Magnus explained.

For the absolute payments into the coffer accounts, she acicular out that the approved acquittal is usually on the 15th of the month, “so you get one bulk every ages in the average of the month”.

Pensioners who appetite the advantage to accept their payments through their coffer accounts can do so by commutual a Absolute Drop Anatomy accessible at the Ministry of Labour and Social Security archdiocese offices or downloading the anatomy from the Ministry’s website,

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Last Updated: January 8th, 2019 by admin
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