Oct 26, 2020 Last Updated 2:59 PM, Oct 14, 2020

hrm transformation

Public Employees Pension Administration System (PEPAS)

The Public Employees Pension Administration System (PEPAS) seeks to consolidate the pension service history of all public employees and devise a permanent and efficient maintenance procedure.

PEPAS will include the development of a sequential process that will integrate data collection, processing, reporting, and use of the information necessary for improving public employee information effectiveness and efficiency through better management at all levels of pension administration services.

The main objectives of PEPAS are:  

  • To adopt a solution to better manage the pension administration needs;  
  • To establish processes and structures that ensure the better use of pension information for planning,  processing,  and support quality assurance and accountability arrangements in the pension administration  unit;  
  • To institute access to pension administration information to relevant stakeholders;  
  • To establish pension information standards that ensure the quality and comparability of pension information and enable appropriate information sharing;  
  • To exploit the enabling technologies in the collection, processing, analysis, and dissemination of pension information.

The Public Employees Pension Administration System (PEPAS) is expected to be implemented by April 1, 2017.

Special Early Retirement Programme

The Special Early Retirement Programme (SERP) is for eligible employees between the ages of 50 and 59 years. Under this Programme, eligible persons can choose to retire early. Special incentives have been included in the Programme such as two weeks’ salary for each year of service up to a maximum of one year’s salary and payment in lieu of accumulated vacation leave.

The SERP is designed, as far as possible, to ensure that the process is fair and takes into account both the needs and preferences of the employee and the needs of the employer to ensure that the organisation remains sustainable.  

Eligibility Criteria

To be considered for the SERP, you must meet the following criteria:

  • You are a permanent employee of GoJ;
  • You are vested in your pension plan, i.e. contributing for a minimum of 10 years;
  • You are eligible to retire early as per the rules of your pension plan.

To apply, please complete the application form and submit it to your HR Department.