Latest update April 25th, 2024 12:59 AM
May 15, 2019 Letters
DEAR EDITOR,
Earlier in the year when the announcement was made by the National Insurance Scheme (N.I.S.) that pensioners receiving $30,000 monthly would have received a further $2,000 as from January 2019 on their monthly pension, it was reasonable to assume that this increase was going to be across the board calculated based on percentage.
Like what has been done as regards the workers, the higher your salary, the less you get percentage wise.
But from all indications and from information, those of us that are above the minimum pension rate are not going to get an increase on our pensions.
While it did not escape my attention of the good work the Social Services Ministry is doing, by increasing the Old Age Pension, and Public Assistance over the last four years, when you compare with the increase given by the former administration, I am yet disappointed that all N.I.S. Pensioners were not given an increase.
Remember that those of us who are far above the minimum level had to make more sacrifices by contributing more than those who are now at that lower level, whether we were self-employed or employed by the state or the private sector.
Most of us would have even requested that during our last five years we paid more to the N.I.S. with one thing primarily in mind – that is, our pension would be at a certain level. While I feel that my fellow pensioners at the lowest level deserve the increase, it should have been applicable to all of us.
Archie W. Cordis
N.I.S. Pensioner
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