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NDP calls on Government to outline plans to save NIS

The New Democratic Party (NDP) is calling on the government to outline its plan to save the National Insurance Services (NIS), with a particular focus on the range of measures it is proposing to strengthen and ensure long-term stability.

Mandatory contributions by self-employed, informal workers must be high priority

If recommendations made under the most recent actuarial review of the National Insurance Services (NIS) are implemented, Vincentians who are self-employed as well as those who work in the informal sector will be mandated to pay benefits or face “severe consequences”.

NIS situation concerns us all

I am but an ordinary citizen, with no great knowledge of financial matters but trying my best to understand the implications of national matters relating to the economy before I get my tongue wagging or my itchy fingers on the keyboard. It is an approach that I would humbly recommend to my fellow citizens because often, since such matters bring with them political implications, they provoke the most noise, mostly …

Government investment not a major concern, NIS director assures

The National Insurance Services (NIS) investment in government financial instruments, including loans and bonds, is not a major cause for concern, according to NIS Director, Stewart Haynes. Speaking to the media during a stakeholder consultation on the 11th Actuarial Report, prepared in 2019 and presented in 2021, Haynes said that he has noted the murmuring coming from the public with regard to the amount of government debt that is held …

NIS continues to look for ways to improve services – says NIS Director

The National Insurance Services (NIS) said as it continues to pay close attention to the issue of Pension Reform, it is looking at ways to improve its services.   Director of the NIS Stewart Haynes reiterated this commitment, during a media briefing, hosted by the NIS yesterday to discuss the 11th Actuarial Report., which was…

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