Dear Editor,
If our Government can institute a law that the minimum wage must be a certain amount of money, then it is incumbent on the same Government to immediately increase the National Insurance Scheme pension cheques as of August 2015 to match the national minimum wage.
It is extremely difficult, bordering on being impossible, for our pensioners to survive on any income below $6,000 per week in these times.
I agree with Dr Denise Eldemire Shearer that, with immediate effect, all workers must contribute to the government pension scheme. It is difficult for the young employees between the ages of 18 and 26 to accept that thought of planning for their potential retirement in the next 40 years -- God's willing -- but it is the serious reality of proper forward planning and thinking.
This new law must be applicable to members of both the public and private sectors. As, though we have been living, in the past five years our currency has been devalued over 30 per cent. We do not know what of tomorrow. Our 'tomorrows' will not be financially frightening.
Remember, tomorrow is the today we thought about yesterday.
Hugh Innis
Montego Bay
cybermore.cafe@gmail.com
NIS pension cheques should match minimum wage
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If our Government can institute a law that the minimum wage must be a certain amount of money, then it is incumbent on the same Government to immediately increase the National Insurance Scheme pension cheques as of August 2015 to match the national minimum wage.
It is extremely difficult, bordering on being impossible, for our pensioners to survive on any income below $6,000 per week in these times.
I agree with Dr Denise Eldemire Shearer that, with immediate effect, all workers must contribute to the government pension scheme. It is difficult for the young employees between the ages of 18 and 26 to accept that thought of planning for their potential retirement in the next 40 years -- God's willing -- but it is the serious reality of proper forward planning and thinking.
This new law must be applicable to members of both the public and private sectors. As, though we have been living, in the past five years our currency has been devalued over 30 per cent. We do not know what of tomorrow. Our 'tomorrows' will not be financially frightening.
Remember, tomorrow is the today we thought about yesterday.
Hugh Innis
Montego Bay
cybermore.cafe@gmail.com
NIS pension cheques should match minimum wage
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