Thursday, April 18, 2024

Capture those not paying!

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Target the handymen, vendors, attorneys and doctors who currently do not contribute to the National Insurance Scheme (NIS).

And while you’re at it, do more to ensure Government officials cannot use the fund at their will.

Those were some of the recommendations put forward by actuary Derek Osborne and the public during a robust town hall meeting last night at Combermere School’s Major Moot Hall, in Waterford, St Michael.

NIS chairman Leslie Haynes, his deputy Rawdon Adams and director Kim Tudor were also present.

During his presentation, Osborne stressed that the NIS was unsustainable because it was still designed as when it began over 55 years ago.

He suggested therefore that a larger economy and better governance were some of the ways to prevent a collapse.  (TG)

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