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KINGSTON, Jamaica—Opposition Senator Lambert Brown has called for the indexation of the pension of judges to ensure their standard of living is not eroded by inflation when they retire.
Brown, a trade unionist, made the call in the Senate on Friday while contributing to the debate on the Pensions (Superannuation Funds and Retirement Schemes) (Investment) (Amendment) Regulations, 2026. The regulations expand the limits within which pension funds may invest in private assets.
Brown pointed to the inflation rate which is running at 8.6 per cent year-to-date as indicated this week by the Statistical Institute of Jamaica, noting that it was having a greater impact on the poorest pensioners.
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