NIS SUED OVER $8,098 MONTHLY PENSION SHORTFALL

(Kaieteur News) – Attorney-at-law Christopher Ram, a pensioner and three trade unions have filed a High Court application against the National Insurance Board (NIB), seeking to compel the payment of minimum old-age pensions at the rate prescribed by law and recover arrears allegedly owed since 2021.

The application for judicial review was filed on Friday by Ram, pensioner Kalicharan Heera, the Union of Agricultural and Allied Workers, the United Minibus Union and the Guyana Market Vendors Union.

The applicants are asking the court to declare that the minimum National Insurance Scheme (NIS) pension must be no less than 50% of the Public Service minimum wage, as stipulated under Regulation 4(b) of the NIS Benefit Regulations.