Former Finance Minister Winston Jordan has criticised the government for its failure to address the plight of National Insurance Scheme (NIS) pensioners.
An elderly NIS pensioner approached me, recently, for an explanation as to why the government has not increased NIS pensions above the minimum. The NIS pensioner currently gets a pension of about $52,000 per month, the same amount that he was getting in 2020, the year when the last increase in pension was effected. Since I was not in a position to give him a satisfactory answer, I have decided to highlight this matter through this letter, in the hope that it generates immediate action by the concerned Minister(s).