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Auto Enrolment

You have just begun working and are paying off student loans, moving out, buying your first car, and trying to keep it all together.

Is the NIS necessary if I’m already in an approved retirement scheme?

We know, we know, the fact that National Insurance Scheme (NIS) contributions contributions are compulsory for all working Jamaicans may not convince you of its value. This is especially true when so many bemoan the size of its pension payments. All the same, you may be surprised to know that it punches above its value in benefits in ways that may surprise you.