NIS inefficiency leading to fewer contributors, some elderly not getting pensions -review

Inefficiency in the National Insurance Scheme (NIS) has resulted in a large portion of the workforce not making contributions to the scheme and some elderly persons not receiving pensions.

This is one of the damning findings contained in the draft eighth actuarial review of the NIS which was done by Horizonow and was submitted to the Government of Guyana in October. This review is to be discussed by local stakeholders with the author later this month.

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