Increase in Early Retirement

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Finance and Public Service Minister, Audley Shaw, says there’s been an increase in the number of public sector workers seeking early retirement.

He says this has caused the 2016/2017 budget to increase by approximately two billion dollars.

He made the revelation while responding to questions from Opposition Spokesman on Finance, Dr. Peter Phillips.

But he says this is part of ‘natural attrition process’ that will help contain cost.

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Mr. Shaw again played down the number of public sector job losses which may result from the ongoing rationalization process.

He told Dr. Phillips that the private sector has absorbed some public sector jobs which have been vacated.

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Mr. Shaw responded strongly when Opposition MPs insisted on knowing the full extent of potential job losses due to the current rationalization process.

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Abka Fitz-Henley is a multiple award-winning journalist who is currently the Senior Reporter at Nationwide News Network (NNN). His primary areas of focus are Court, Crime and Parliamentary proceedings. Fitz-Henley was recently recognized in the regional celebrity magazine publication Panache as “The Breaking News Boss”. At 21 years of age, following his 1st year in media, Fitz-Henley was recognized with the Young Journalist of the year award from The Press Association of Jamaica and went on to cop one of the country’s highest recognized journalism prizes, the Journalist of the Year Award. He’s also been awarded the prestigious Corporate Jamaica Broilers Fairplay 1st place Award for investigative journalism and is the recipient of the Caribbean Blog Award for coverage of the infamous Kartel murder trial. Fitz-Henley is also the recipient of the PM Youth Award for Excellence. Over the years, he has appeared as a guest on the BBC World Service and BBC London.