For many years the blogmaster and others have posted voluminously about the importance of the citizenry actively participating in the type of democracy parodied from the former colonial master. While no man made construct is perfect the system of democracy practiced by the Western world is described – some will say by the cynics – as the worst form of
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After the dust settled yesterday evening at the Lloyd Erskine Sandiford Sandiford Centre (LESC) Prime Minister Mia Mottley confirmed in flowery language what some in this medium and elsewhere have been alerting the public. The National Insurance Fund (NIF) on its current trajectory will be unable to honour its obligations to persons eligible for benefits from as early as 2034
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Yesterday the blogmaster allocated some time to listen to Minister Ryan Straughn’s (opening 40 minutes of the video posted) moving the second reading of the Amendment to Financial Service Commission (Amendment) Bill 2022. The purpose of the amendment was to validate a fee regime to support the Financial Services Commission (FSC) being financially self sufficient. The other reason was to
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The blogmaster with the benefit of technology listened to a few of the political meetings from the different political parties and with 7 days left to V-Day- he has a confession to make. Given the current crisis state of the socioeconomic landscape of Barbados, if ever there was a time for sensible Barbadians to make voices heard, the time is
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The following comments by Northern Observer were extracted from the NIS.Government Paper for Trash blog. Comment 1 October 1, 2018 1:25 AM WHO is on the NIS Board? WHO replaces Carrington as head executive? I rarely agree with T.Inniss, but what claims to Chairmanship or leadership of a body as complex and important as the NIS does Mr. G-E have? Being
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The tagline of the National Insurance Scheme is ‘more than a contribution its your life line’. Regrettably the vast majority of Barbadians become concerned about the functioning of the NIS […]
Read moreSubmitted by Anthony Davis “DISMISSED TRANSPORT BOARD WORKERS are getting every cent of their long overdue severance pay, thanks to Minister of Finance Chris Sinckler. Very reliable sources have revealed that the cash-strapped statutory corporation that provides island wide public transport services had, through the Ministry of Transport and Works (MTW), sought the assistance of the National Insurance Scheme (NIS)
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Submitted by Anthony Davis The National Insurance Scheme is backlogged with sickness benefit claims. Barbados Today has learned that the backlog is resulting in scores of individuals waiting to receive their sickness benefit payments, some as far back as November. And while it is not clear how much longer those persons will have to wait, it is at this time
Read moreWhen judged against the harsh background of adversarial politics, only two prime ministers of Barbados (who led the country for 7 years or more) can lay claim to being able to escape the clutches of the IMF for the entire period of their rule – Errol Barrow and Owen Arthur. Say whatever you will, it is an undeniable fact that
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The presentation maybe of interest if we consider the importance of the NIS Scheme’s contribution to supplementing retirement income. BU continues to be optimistic that full transparency will engulf the management of the fund to ensure that one day coming soon the audited financials of the NIS Scheme will be made public to encourage the rigour of public scrutiny. It
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Barbados Underground 