{"id":24185,"date":"2024-11-20T13:44:56","date_gmt":"2024-11-20T13:44:56","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=24185"},"modified":"2024-11-20T13:44:57","modified_gmt":"2024-11-20T13:44:57","slug":"nis-to-issue-lump-sum-payments-for-non-eligible-pensioners","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/nis-to-issue-lump-sum-payments-for-non-eligible-pensioners\/","title":{"rendered":"NIS to Issue Lump-Sum Payments for Non-Eligible Pensioners"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p><em>October 24, 2024<\/em><\/p>\n\n\n\n<p>The National Insurance Scheme (NIS) will soon provide a one-off lump-sum payment to individuals who did not meet the minimum requirement of 750 contributions to qualify for a pension.<\/p>\n\n\n\n<p>This announcement was made by PPP General Secretary and Vice President Dr. Bharrat Jagdeo during a press conference earlier today. <\/p>\n\n\n\n<p>Dr. Jagdeo confirmed that systems are being developed to ensure the process is conducted fairly and transparently.<\/p>\n\n\n\n<p>This initiative follows President Dr. Irfaan Ali\u2019s declaration that $10 billion would be injected into the NIS to address challenges faced by individuals struggling to access their benefits. <\/p>\n\n\n\n<p>In addition, Dr. Jagdeo revealed that the government plans to allocate further funds to help the NIS manage its deficit.<\/p>\n\n\n\n<p>As part of the government\u2019s efforts to fulfill its manifesto promises, the old-age pension has steadily increased over recent years. <\/p>\n\n\n\n<p>The minimum pension is set to rise to $41,000 in 2025.<\/p>\n\n\n\n<p>The government remains committed to enhancing social security for all citizens, ensuring broader support for those ineligible for standard pensions.<\/p>\n\n\n\n<p><strong>By Josiah Williams<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>October 24, 2024 The National Insurance Scheme (NIS) will soon provide a one-off lump-sum payment to individuals who did not meet the minimum requirement of 750 contributions to qualify for&hellip;<\/p>\n","protected":false},"author":4,"featured_media":24160,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[365,350],"tags":[],"class_list":["post-24185","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-human-development","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/24185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=24185"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/24185\/revisions"}],"predecessor-version":[{"id":24186,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/24185\/revisions\/24186"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/24160"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=24185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=24185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=24185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}