The current situation is not sustainable. That was the stark warning today by the Chairman of the National Insurance Scheme, Dr Roger Luncheon that major changes would have to be made to the social security system.
It follows a string of warnings by commentators and politicians that the government has ignored the deepening plight of the NIS, particularly over the last decade.
Luncheon said that the 44th anniversary of the National Insurance Scheme cannot be viewed without “mixed concerns by the different categories of stakeholders and decision-makers”.
He added “even though the spectre of an imminent dire situation is highly exaggerated, the Scheme’s financial viability does evoke apprehension among the informed”.