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Tag: NIS

April 10, 2025
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News

NIS will not go bankrupt, pensions will increase, assures Jagdeo  

The National Insurance Scheme (NIS) will remain sustainable with significant cash injections from the State, Vice President Dr Bharrat Jagdeo said on Thursday. This move aims to make the scheme not only “solvent” but also capable of increasing pensions for its contributors. “We will have to ensure that the NIS not only remains solvent but […]
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April 10, 2025
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News

$10B relief for elderly with insufficient NIS contributions

President Dr Irfaan Ali today announced a one-off payment for National Insurance Scheme (NIS) contributors who did not meet the required number of contributions to qualify for an NIS pension. The initiative, which totals over $10 billion, will benefit individuals who are 60 years and older by 31 December 2024 and who have made between […]
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March 28, 2025
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News

Minister Singh to assist in resolving NIS issues in Berbice

Senior Minister in the Office of the President with Responsibility for Finance and Public Service, Dr Ashni Singh, will visit Berbice to resolve issues relating to the National Insurance Scheme (NIS) following numerous complaints from residents. Vice President and General Secretary of the People’s Progressive Party (PPP), Dr Bharrat Jagdeo, gave this assurance during his […]
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January 31, 2025
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Business

GCCI demands NIS deliver better service to the public

The Georgetown Chamber of Commerce and Industry (GCCI), one of Guyana’s leading business support organisations, has expressed “consternation and dissatisfaction” at the high level of inefficiency which they say is being exhibited in the operations of the National Insurance Scheme (NIS). The Chamber, in a public statement said that it continues to receive complaints from […]
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