DIRECTOR?of the National Insurance Scheme (NIS), Ian Carrington, says greater productivity and an increase in the number of young people in the workforce are necessary to relieve any strain on its?funds.
And he has the support of president of the National Union of Public Workers (NUPW), Walter Maloney.
Carrington told the DAILY?NATION?yesterday those factors were important because the population’s demographics were that of “a mature, developed state”.
“We now have an inverse population pyramid, which means that there are more elderly persons in the workforce relative to young persons,” he said.