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No increase in NIS pension

Oct 23, 2015 Letters

Dear Editor,
In the last Budget  provision has been made for increases in wages and salaries for Public Servants both employers and employees are required and have to pay to the N.I.S . increase in their N.I.S. contributions Based on the level of wages and salaries paid and received this has been widely published in all of the newspapers and television stations and radios. To date nothing has been said about the N.I.S . The N.I.S • Act provides for the Minimum Pension that a Pensioner should received should not be less than 50% ( fifty Percent ) of the National Minimum W age payable to workers. Now that the national minimum wage is $ 50,000 ) fifty thousand Guyana dollars per month then the new Minimum Pension payable to all N.I.S . Pensioners should be not less than $ 25,000 ) twenty five thousand dollars per month. I am now asking that the Hon Minister Social  Security see to it that we get what we deserve and provided for by the Laws of The Republic of Guyana.
Pensioner

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