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Voluntary contributors will not be charged interest on contribution principal arrears, i.e., contributions due since voluntary registration but not yet paid.
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 are required to continue making contributions even after they have received a loan from the NHT. If their contributions fall into arrears, the sums due will be deducted from the sums tendered as mortgage payments. Voluntary Contributors who are borrowers would have contribution arrears payments deducted from their mortgage payments.
Payments are only accepted in Jamaican Dollars (JMD) , therefore you would need to convert same to the JMD equivalent.
Payments are only accepted in Jamaican Dollars (JMD) , therefore you would need to convert same to the JMD equivalent.
