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Stabroek News

Pension problems
published: Monday | October 15, 2007

THE EDITOR, Sir:

NIS pensions are often short-paid because of unrecorded years of contributions paid to the NIS. These happen, in the main, because of employer delinquency and NIS deficiencies in administration.

This exacerbates the suffering of contributing and innocent pensioners in their twilight years, many of whom have contributed for over 40 years yet are powerless to ever obtain their full pension entitlement from the NIS.

As a direct result, NIS cash surpluses increase at the expense of contributors. Cumulative individual NIS records are now available online because of very commendable process improvement through business technology and training.

That NIS should now post and later make available online with appropriate safeguards, contribution statements for each and every contributor on record on attaining 40, 50, and 60 years of age so as to seek to prevent/resolve short-payments of NIS pensions prior to retirement.

Let us feel e-government

I am, etc.,

ALISTER COOKE

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