NIS to Pay Out $1.5 Billion more in Benefits This Year
An additional $1.5 billion will be paid out to beneficiaries under the National Insurance Scheme (NIS), with new increases in both contributions and benefits, for 2013. Acting Director of the NIS, Portia Magnus, said the benefit increases include old age, sugar worker, invalidity, widow/widower’s pension, and orphan and special child allowances. She explained that benefits for old age, invalidity, and...