National Insurance Scheme (NIS) General Manager Doreen Nelson says the Scheme faces a projected deficit of $713M this year and debt and data management efforts over the last two years have not resulted in the expected broader coverage and better compliance.
In a message on Sunday to mark the Scheme’s 45th anniversary, she said the efforts have however helped to meet benefit obligations to claimants in a more timely and efficient manner.
She lamented that the structured workforce continues to decline “as more employers are seeking to try to
