Mandatory NIS Deduction Statements Coming Soon

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Esther Byer-Suckoo, Minister of Labour and Social Security. (FP)??

Employers will soon be required to provide their employees with weekly or monthly National Insurance Scheme (NIS) deduction statements.

This is according to Minister of Labour and Social Security, Dr. Esther Byer Suckoo, who revealed that this move would empower scores of workers on the island.

She was speaking at a service held to commemorate the 45th anniversary of the NIS at the New Testament Church of God, River Road, St. Michael, last Sunday.

The Labour Minister explained: "With the Employment Rights Act 2012 just passed, when that takes effect in a few months’ time, employers will have to give workers a statement every week or month, depending on how they are paid, which should indicate the NIS deductions."

She continued: "This would help [workers] should that time come that [they] make a claim from the NIS, [they would] have recourse if the payments have not been lodged at the Department."

Dr. Byer Suckoo noted that employees’ contribution to the NIS should be made by the employers and further explained that it would include the amount deducted from their wages.

shamkoe.pile@barbados.gov.bb

Author: Shamkoe Pil??
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