NIS needs to do better by its aging contributors-Ram

Christopher Ram with Julia Clarke and Shariff Zainul

Chartered Accountant, attorney-at-law, and advocate, Christopher Ram, is once again putting the National Insurance Scheme (NIS) in the crosshairs, highlighting its less-than-fair treatment of retired persons for many of whom, a pension from the Scheme is life line that saves them from drowning in “extreme poverty.”

In a release on Friday, Ram began by noting that in response to concerns expressed about the reliability of the records of the NIS and the mounting number of complaints against the body, the government announced several initiatives to clear the backlog while Budget Speech 2024 claimed that the government will offer eligible persons with between 700 and 749 contributions, a one-off grant.