The National Insurance Scheme’s (NIS) Board of Directors is considering the Guyana Sugar Corporation’s (GuySuCo) proposed plan to liquidate its debt to the scheme.
The state-owned sugar corporation, which has been delinquent in employees’ contributions to the tune of over $1.5 billion, continues to benefit from a softly-softly approach from the NIS. In January, the NIS agreed to honour contributors’ claims after GuySuCo submitted a payment schedule. In a statement GuySuCo pledged
