Bahamas - Apply for Pension or Gratuity (Retirement or Resignation Benefits)

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Procedure

Apply In-Person

1. To Apply for Pension and Gratuity, the Officer should liaise with the Human Resource department, six months before the desired retirement date to verify whether he qualifies for retirement benefits.
2. Visit the following link for Contact Details: Link.
3. The applicant can download the application form from the below Link
4. Complete the application form with all details.
5. Officer must complete and submit an application form for pension/gratuity along with the required documents as mentioned in the “Required Documents” section, and a letter giving the date that he wishes to retire to his/her immediate supervisor.
6. The supervisor/HR must then complete a request for benefit and submit it to the PS/Head of Department for signing.
7. The PS/Head of Department must then prepare and submit a recommendation to the Permanent Secretary of the Department of Public Service.
8. The Employee information will be verified for accuracy by the Department of Public Service before calculating the benefit that is due to the Officer and a recommendation is sent for the Public Service Commission for final consideration.
9. The final decision will be made by the Public Service Commission regarding the benefits due to the officer and these will be informed back to the Department of Public Service.
10. A Letter will be sent to the officer informing the amount to his/her benefit by the Department of Public Service and the file is passed on to the accounts section who will prepare a voucher for the gratuity and address the officer to the pension payroll.
11. The cheque may be collected from the treasury department by the officer.
12. The Pension will be deposited to the officer’s account every month.
    

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Required Documents

The following original documents must be submitted:
By the employee:

• Birth Certificate
• Passport
  

By the agency’s HR department:

• All submission by family member/LPR
• Proof of Unpaid Leave
• Memorandum verifying that the officer is not indebted to the government
• Salary Progression
• Letter of appointment to the public service
  

By Family Island employees

• Copies of Blue G vouchers for each quarter of the last five years of service
  

Office Locations & Contacts

Public Service and National Insurance,
Ministry of Poinciana Hill
Meeting Street
P.O. BOX - N 3915
Nassau, N.P.,
The Bahamas
Email: [email protected]
Phone: (242) 502-7200
Fax: (242) 326-6929
Contact Address Details Link

Eligibility

Eligibility for a Public officer:

• Be a permanent member of the team
• Has completed at least five years of full-time service.
• The service is continuous or uninterrupted.
• Has been in continuous service for at least 30 years.
• He has at least 55 years on this planet.
• Is deemed medically unsuitable for ongoing work by a Government Medical Board.
• Has reached the age at which he or she must retire, which is 65 years old.
  

Pensionable officers who may retire early, should meetatleast one of the following options:

• Have served for thirty years.
• Submitted a request for early retirement on medical grounds.
  

The following officers should refer to the relevant Act for Benefits and Awards for further information:

•  Judges – Judges Remuneration and Pensions Act
• Members of The Royal Bahamas Police Force – The Police Force Act 2009
• Prison officers – The Prison Act
• Officers of The Defence Force – The Defence Force Act
  

Fees

There are no processing fees for this process.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

• Application for Pension/Gratuity Form Link
  
• Application for Request for Retirement/Resignation/Death Benefit Form Link
  

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

The processing time is four months.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

Please provide other instructions related to the certificate/documents.
e.g. The state office holds birth records since january 1908.

Required Information

• Name of the Applicant
• Title of Present Office
• Date of Birth
• Total Service
• Salary Details
• Cause of Retirement
• Office Particulars
• Service details
• Employee Number
• National Insurance Number etc.
  

For retirement/resignation/death benefits

• Name of the officer
• Date of birth
• Position at date of retirement/resignation/death & ministry/department
• Date of initial appointment
• Date of retirement/resignation/death
• Salary and scale
• Incremental date
• Total period of non-pensionable service
• Total period of pensionable service – from
• Deductions in progress (e.g. extended sick leave on 7/8ths pay)
• Remaining period for deductions
• Vacation leave included in period of pensionable service:
• Any outstanding promotions or efficiency bars being processed by psc
• Any loans or advances outstanding
• Employee no
• National insurance no.
• Departmental budgetary head no.
• Periods of transfer to an approved authority
  

Need for the Document

It is required to apply for Pension and Gratuity.

Information which might help

Enter other information which might help.

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Link

Others

More information which might help people.