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All contribution refunds to voluntary contributors will be made in Jamaican dollars. Refund payments will be made directly to the contributor or if a mortgage exists, to the contributor’s loan account. In addition, mortgages to voluntary contributors will be transacted in Jamaican currency only.
Voluntary contributors, like all other NHT contributors are due a refund of their contributions in the eighth year after those payments were made.
If you are an overseas contributor, your contribution is quoted in the currency of the country which you are working. Your payment will then be converted to local currency at the prevailing rate set by the Bank of Jamaica on the date the payment is processed.
Your first payment is due immediately upon registration. Thereafter, voluntary contributions are due by the last day of every month and must be paid no later than the 15th of the following month. For example, voluntary contributions for the month of September are due September 30th but must be paid by October 15th to avoid penalties.
Yes. Contributors who were assessed for periods worked in Jamaica before going overseas are liable for these outstanding amounts inclusive of interest thereon.
Payments are only accepted in Jamaican Dollars (JMD) , therefore you would need to convert same to the JMD equivalent.
