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#SpeakingOut – Repay the NIS

by Barbados Today
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If the letter written by Ms Margaret Gill in sections of the media is not sufficient to whip up support for greater involvement in protest marches throughout the environs of Bridgetown, then nothing else will.

A message must be sent to the powers that be with the clear request to replace the millions of dollars “written off”.

Also a request for unpaid contributions by employers to be paid up.

There is hardly a doubt that the Fund would have been in a much better financial position if those monies were part of the Fund’s current finances.

Advice has been given indicating that the payback does not have to be a one-off payment, but staggered over a period of years.

This writer is suggesting that the repayment be included in the yearly financial statements and budgetary proposals, also not forgetting supplementaries brought before the House of Assembly from time to time .

Workers and future pensioners of Barbados are not likely to get satisfaction in short order and may be punished over a protracted period of time, then, let Newton’s third law run its natural course, while never forgetting Plato’s warning, “the excessive increase of anything often causes a reaction in the opposite direction”.

“Anyone with ears to hear should listen and understand” – The New Living Translation.

Michael Ray

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