The Public Service Pensions Board was established by Executive Council on 25th February, 1992 under the Pensions (Amendment) Law, 1991, that came into effect on 1st January, 1992. This Law also established the Public Service Pensions Fund. Employees began contributing to the fund at 4% effective 1st January, 1990. Employers began matching this with an additional 4% contribution with.
22nd May 2023
We are pleased to announce that in accordance with the Act, the pension augmentation for 2023 is calculated at 8.3% based on the Consumer Price Index (CPI) as determined by the Economics and Statistic...
24th March 2023
Please take note of the updated hours of operation for the PSPB Cayman Brac office.