NIBTT burdening retirees to prove pension eligibility

Legal

Finance

Politics

July 23, 2026

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NIBTT burdening retirees to prove pension eligibility

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The National Insurance system was established by The National Insurance Act, No. 35 of 1971, which came into effect on April 10, 1972. The national insurance system (NIS) is a mandatory system, based on:

• The universality principle, which requires all persons who qualify as insured persons to be covered under the NI Act without exception; and

• The compulsion principle which states that no one who qualifies as an insured person is allowed to opt out of the system.

Legal

Finance

Politics

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