Public Service Pension Fund: Benefits

Cherishing your Golden Years.

Pension Office

JRW Building, The Valley, Anguilla
Phone

+1 264 498 5079
Mon - Fri 08.00 - 16.00

Saturday & Sunday Closed

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Details About Medical Boarding & Retirement

Section 7(e) of the Pensions Act provides for the special case of Medical Boarding. The process is triggered by the employing Human Resource (HR) Department following a period of continuous accumulated Sick Leave.The HR Department commissions a Medical Board consisting of Medical Professionals and the Medical Board Candidate. After an interview process and review of Medical Records the Medical Board determines whether the employee is fit to work. The Medical Board submits a report to the Governor or Deputy Governor for final approval.

Criteria

At least ten years of contributory pensionable service

The Calculation

Benefits are calculated up to the approval date given by the Governor or Deputy Governor.

The formula used is the same as that for Normal Retirement calculations.

There is no discounting of gratuity benefits and pension payments begin on the day following the approval date.

Payment of Benefit & Other Information

Pension payments begin to accrue on the day following the last day of service and are paid in arrears in monthly installments. Deferred pension payments begin when the normal retirement age is attained.

Pension payments are made on the 29^th day of each month. Exceptions are for the months of February and December. February payments will be made on the 28^th and December payments on the 20^th. If the scheduled payment date falls on a weekend or holiday, payments will be made on the closest working day.

Key Documents

Governor or Dpty Governor Approval