Asset Base Of NIS Has Increased By 126 Percent

Prime Minister Dr Hon Ralph Gonsalves has been speaking about the tremendous achievements of and work done by the National Insurance Services, NIS.

 Speaking on his regular weekly radio program of Wednesday Dr Gonsalves provided information as it relates to the Temporary Employment benefits that the NIS is paying out as part of the COVID 19 measures implemented by the government to cushion the impact of the pandemic.

The PM informed that over two million dollars had been paid out to persons in the hospitality industry as well as seafarers.

PM Gonsalves also noted that the NIS is playing an integral part in the execution of the Economically Disadvantaged Student Loan programme.

Dr. Gonsalves said (NIS) has made tremendous progress and growth under the Unity Labor Party (ULP) administration.

The PM noted that the NIS has done a lot to enhance income security.

 Gonsalves said the asset base of the organization has increased by 126 per cent under his administration, resulting in an improvement in social security.

Dr Gonsalves said the government has also placed tremendous emphasis on pension reform.

By News784

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