Latest update June 13th, 2026 12:40 AM
Pointless to make NIS contributions
Dear Editor,
As a concerned citizen and contributor to the National Insurance Scheme, I find it necessary to write this letter. I started making contributions through my employers in 1972. I left Guyana for a few years; then returned and started my own business.
At first business was great; I decided to continue making self contributions to the scheme, seeing it as an opportunity to have additional financial assistance later in life and to help keep the institution viable.
As a patriotic Guyanese I am willing to do what’s right to ensure that our country find a meaningful place in this universe; and that poor Guyanese who are the ones to suffer the most; has a better chance in society.
The last few years I have become very troubled and have absolutely no confidence in the way our system function.
Each and every year I am evaluated and an assessment of a dollar amount is established for me to pay each month, currently; $6.900, an interest is also assess if my monthly payments are not made on time.
Business these days is not what it once was. I am working much harder than in the past.
Some months I see little or no profits, but I have maintained my obligations, whether it’s paying my contribution, taxes, water bill, light bill or paying $24,000, to a private contractor to clean the filthy and stinking alleyway behind my home every few months, because the city and administration don’t seem to care about the ordinary man; and don’t feel obliged to adhere to their responsibilities.
I find this very disturbing and unconscionable that the administration of the National Insurance Scheme seems to care less of the effect their poor and unsatisfactory handling of the funds that has been entrusted to them by the citizens of this country. As a law-biding and responsible citizen of this country, I have had enough of the lawless and unconcerned attitude of those who have been abusing and misusing funds of this nation; and taking us for granted.
So, in light of all that has been going on these past few years and with the dismal and uncertainty of National Insurance funds; especially since said funds are being used for other than intended purposes I find it pointless to continue making contributions to a scheme that has “what appears” some reckless incompetent and dishonest people spear-heading the institution.
I have decided to discontinue making further contributions until there is evidence of better handling of the people’s business. Thank you for your time.
L. Major
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