Tuesday, June 2, 2026

New NIS move

Date:

Share post:

Self-employed people will be mandated to contribute to the National Insurance and Social Security Scheme as Government has removed certain impediments.

This formed part of the National Insurance and Social Security (Amendment) (No 2) Bill, 2023, which was debated in the House of Assembly yesterday.

Minister of Labour, Social Security and the Third Sector Colin Jordan said one of the “significant impediments to engagement” in the National Insurance Scheme (NIS) for the self-employed was “the difficulty posed by the structure”.

He pointed out that many self-employed people refused to join the Scheme because they did not enjoy certain benefits, or claimed it was unaffordable primarily because they were subjected to very rigid payment rules and arrangements which many could not meet. (GC)

Related articles

Over 220 enter Party Monarch 2026 Competition

The National Cultural Foundation (NCF) announced that 92 performers have registered for the Power Soca competition, while 134...

Three Surinamese nationals charged in separate cocaine cases

Police have charged three Surinamese nationals in separate cocaine-related cases linked to May 23.  Police say 33-year-old Farino Revelino...

Jones opens up about struggles

Akela Jones, the much-loved track and field athlete, has delivered a raw and emotional account of the personal...

Caribbean in ‘debt-climate trap’

A leading regional economist, who once led the Central Bank of Trinidad and Tobago, is warning that the...