Pensions are instruments of stability. They protect people and help secure the future.
Too many Jamaicans are reaching retirement age without enough financial security, and that is why your Government will implement pension auto-enrollment.
Many Jamaicans already believe in saving and putting something aside for the future. This new approach will help more workers become part of the pension system early, while still giving them the choice to opt out if they wish.
We must continue building a culture of savings, financial responsibility, and long-term security for Jamaican families.