ScotiaBRIDGE is recognized under the Pensions Act, 2004 as an Approved Retirement Scheme. This product enables individuals to accumulate tax-deductible contributions during their working years and to invest these contributions until they retire.
With a ScotiaBRIDGE retirement plan, individuals can now save up to 20% of their annual income towards retirement and receive tax-deferred earnings on this accumulated amount.
To become a ScotiaBRIDGE plan member, you must not be an active member of an Approved Superannuation Fund or another Approved Retirement Scheme. However if you are self-employed or an employee of a company that doesn’t offer a Pension Plan, and you are between the ages of 18 – 68 as well as being a Jamaican resident, you are eligible to become a ScotiaBRIDGE plan member.
On becoming a ScotiaBRIDGE plan member your contributions are invested in units of an Investment fund. Upon reaching retirement age, you must purchase a
Payout Annuity or another approved income plan.
ScotiaBridge Tips & Resources
Contact us for more information about ScotiaBRIDGE and how you can effectively plan for your retirement years. | 
