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Tag: pension

April 10, 2025
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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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February 17, 2025
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Minister Singh: Public servants can choose between pension and gratuity

Guyanese public workers have the freedom to choose a gratuity or a lump-sum payment upon retirement, unlike under the previous administration. Senior Minister in the Office of the President with Responsibility for Finance and Public Service Dr Ashni Singh said the government trusts Guyanese to make decisions that best suit their needs. “We don’t presume […]
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