N.I.S. Old Age Pension

Jan 11, 2020 Letters

DEAR EDITOR,

A letter written by me, under the caption ‘This increase should have been applicable to all National Insurance Scheme (NIS) Pensioners, appeared on Wednesday, 15th May, 2019.
The following day, the Publicity and Public Relations Officer of the N.I.S. – the longstanding and very knowledgeable officer, Diane Lewis Baxter – responded by indicating that the issue of an increase for pensioners who are above the minimum rate is currently being discussed by the N.I.S. Board and Management, and that was surely welcome news.
Then on Thursday, January 09, 2020 in another newspaper under the caption “NIS announces pension increase”, there was more good news. It is clearly stated that minimum rates for old age and invalidity pensions have been increased from $32,100 to $35,000.per month.
Nothing more was mentioned so as to indicate if this increase is across the board so that all old age pensioners would benefit, including those pensioners who are receiving the maximum payable.
This article is somewhat ambiguous and more information is clearly needed, it is public knowledge that when the annual increase for workers is announced, it does indicate the percentage of increase to be added to the existing salary or wages, so all the employees have to do is the maths.
I see no reason or reasons why in this case the same cannot be done, however I am extremely happy that there are increases.
It is impossible for it to escape one’s attention regarding the amount of increase, percentage-wise, that this APNU/AFC Coalition Government has given or made payable, and this is irrespective if you are a pensioner or not.
Archie W. Cordis
Pensioner

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