Potential National Insurance Scheme (NIS) beneficiaries who are “sick” today are being advised they should be cautious they are not “broke” tomorrow.
In explaining why it was unwise to abuse the social security system, NIS director Ian Carrington said some workers took an inordinate amount of sick days only to find on retirement that their pension payments had taken a hit.
“I always encourage people not to take sick leave unless they are actually sick. It impacts on the amount of pension you will get later,” Carrington told hundreds of delegates attending yesterday’s final day of the Barbados Workers’ Union annual conference held at its Solidarity House headquarters.
“Some people don’t seem to ever appreciate that until they reach retirement age and then they make a big hullabaloo,” he added. (AD)
Please read the full story in today’s Sunday Sun, or in the eNATION edition.