PSOJ Public Bodies Corporate Governance Awards

PSOJ Public Bodies Corporate Governance Awards

• The National Health Fund (NHF) won the 2018 renewal, copping top awards for Excellence in Public Sector Corporate Governance, Board Composition and Structure, and Best Website.

• The entity also received prizes in the categories of Corporate Governance Policies, Procedures and Practices; Compliance and Disclosure of Information.

• Other category winners included Jamaica Deposit Insurance Company Limited (JDIC) for Corporate Governance Policies, Procedures and Practices; Ex-Im Bank for Compliance and Disclosure of Information; and Development Bank of Jamaica (DBJ) for Risk Measurement and Management of Internal Control and Best Annual Report.

Civil Service Awards

• 385 civil servants, who have served for more than 25 years each, were honoured by the Government for their invaluable and dedicated service to Jamaica.

Special Early Retirement Programme (SERP)

•          589 public-sector employees, aged 50 to 59, who were under the non-contributory Government pension scheme, took up the voluntary early retirement offer through an incentivised package.

•          Excluded were groups such as the security forces, teachers and healthcare professionals.

•          Included in the SERP was the offer of two weeks’ salary for each year of service up to a maximum of one year’s salary and payment for vacation leave not taken.

•          Support was provided to successful applicants in the form of financial guidance and life counselling to assist with transitioning.


•          The integrated HR and payroll system has to date been rolled out in 10 Ministries, Departments and Agencies

Public Bodies Rationalisation Project

•          5 entities were closed and 4 merged.

Wage Agreement

•          The Government concluded negotiations for a four-year, 16-per cent salary increase for the 2017 to 2021 contract period with 91 per cent of the public- sector bargaining units.

•          The latest to sign were nurses and rank and file members of the Jamaica Constabulary Force (JCF) from the level of Constable to Inspector.

Education Grants

•          The Betting, Gaming and Lotteries Commission (BGLC) awarded grants totalling $11 million to 220 tertiary students to offset tuition costs at the 17 institutions they attend.

Queen’s Warehouse

•          The newly upgraded Queen’s Warehouse on Spanish Town Road was reopened, with additional space to facilitate increased storage capacity for the Jamaica Customs Agency as well as importers.

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