The mismatch between pension benefits and contributions, and weak reserve management threatens the sustainability of the National Insurance Scheme (NIS).
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Former Member
The finances of the NIS are unsustainable under current parameters.
NIS NOW IS OFFICIALLY IN DEFICIT AND CANNOT PAY ALL OF ITS FINANCIAL BILLS ON TIME ANYMORE.
Former Member
The NIS has an investment of the approximately 18.6 percent of its total
assets, or 1.3 percent of GDP, in the CLICO conglomerate.
ALL OF THESE $6 BILLION IS NOW LOST FOREVER.
All of Aunty Dularie pension contribution now lost for ever after she weed at the back of Albion for some 20 years.
SHAME ON JAGDEO!
Former Member
well this new will not improve, I hear NIS now turning away sugar worker from collecting their benefits.
Former Member
the ppp crones is not depending on NIS they thiefing enough for their old age
Former Member
Originally Posted by Ronald Narain:
The mismatch between pension benefits and contributions, and weak reserve management threatens the sustainability of the National Insurance Scheme (NIS).
The Berbice river crew raided it.
Former Member
Originally Posted by Ronald Narain:
The mismatch between pension benefits and contributions, and weak reserve management threatens the sustainability of the National Insurance Scheme (NIS).
Almost every pension fund struggle with this from time to time. Just a few years ago the US SS system was in trouble, a few real changes and actuarial assumptions solved the issue. The GoG has been proven to be fiscally astute and will take the necessary actions to ensure sustainability. Under the PNC Guyana became Greece. This will not happen with the PPP.
Former Member
Originally Posted by baseman:
Almost every pension fund struggle with this from time to time. Just a few years ago the US SS system was in trouble, a few real changes and actuarial assumptions solved the issue. The GoG has been proven to be fiscally astute and will take the necessary actions to ensure sustainability. Under the PNC Guyana became Greece. This will not happen with the PPP.
arrant nonsense! . . . comparing the US social security trust fund to the NIS is illiterate; but this particular type of ignorance is typical of PPP know-nothings like baseman who believe no one is paying attention
IDIOT . . . by law, Social Security trust fund money cannot be invested in anything but treasury bills . . . tiefman farces such as the Berbice Bridge 'investment' could never happen in the USA
the comedy section in bold will not be dignified with comment
what a dummy
Former Member
Originally Posted by baseman:
Originally Posted by Ronald Narain:
The mismatch between pension benefits and contributions, and weak reserve management threatens the sustainability of the National Insurance Scheme (NIS).
Almost every pension fund struggle with this from time to time. Just a few years ago the US SS system was in trouble, a few real changes and actuarial assumptions solved the issue. The GoG has been proven to be fiscally astute and will take the necessary actions to ensure sustainability. Under the PNC Guyana became Greece. This will not happen with the PPP.
THis is simply your amoral mind rationalizing away a crooked deal. The comparison to the US is silly. No one can loot it this way. Further, these funds in the hands of private fiefdoms run by PPP ministers is atrocious. NBS is failing as well for no less. This is the definition of the corruption and the reason the PPP will lose next.
Former Member
Originally Posted by baseman:
Originally Posted by Ronald Narain:
The mismatch between pension benefits and contributions, and weak reserve management threatens the sustainability of the National Insurance Scheme (NIS).
Almost every pension fund struggle with this from time to time. Just a few years ago the US SS system was in trouble, a few real changes and actuarial assumptions solved the issue. The GoG has been proven to be fiscally astute and will take the necessary actions to ensure sustainability. Under the PNC Guyana became Greece. This will not happen with the PPP.
The US SS system was mismanaged.
The NIS resources were stolen by the BIG RAT and invested in Florida real estate, all of which was lost some $6 billion of sugar worker money.
SHAME on you Baseman for defending these tiefs.
Well who know you must be one too!
Former Member
Jagdeo is also responsible for conflict in the Arab world. In fact he was the inventor of slavery. He time traveled back to the past and killed Jesus. yadayadayada hahahahaha
Former Member
Originally Posted by BGurd_See:
Jagdeo is also responsible for conflict in the Arab world. In fact he was the inventor of slavery. He time traveled back to the past and killed Jesus. yadayadayada hahahahaha
weak
Former Member
But strong enough to get your attention. hahahahahahh
Former Member
Originally Posted by BGurd_See:
But strong enough to get your attention. hahahahahahh
bai, unlike u, me nah gat nobady pun ignore
i pay "attention" to EVERYTHING . . . ask baseman
Let them starve. They voted for the PPP so they shouldn't cry now.
Originally Posted by BGurd_See:
Jagdeo is also responsible for conflict in the Arab world. In fact he was the inventor of slavery. He time traveled back to the past and killed Jesus. yadayadayada hahahahaha
HAHAHA Wan man shit pun heself at Bourda Market, IS JAGDEO FAULT.
Moses need he Goodie Cut is Jagdeo Fault.
Former Member
Originally Posted by BGurd_See:
Jagdeo is also responsible for conflict in the Arab world. In fact he was the inventor of slavery. He time traveled back to the past and killed Jesus. yadayadayada hahahahaha
Do you think misplaced humor on a serious matter dilutes its seriousness? Who is responsible for using NIS cash to"buy" CLICO shares in the berbice bridge in a three card monty act to cover his cronies ass? Did they not say the returns on investment is the wisest move they made? That the agency us on wobbly financial legs and hard working people put their money in it is not a laughing matter.
Former Member
Originally Posted by Stormborn:
Originally Posted by BGurd_See:
Jagdeo is also responsible for conflict in the Arab world. In fact he was the inventor of slavery. He time traveled back to the past and killed Jesus. yadayadayada hahahahaha
Do you think misplaced humor on a serious matter dilutes its seriousness? Who is responsible for using NIS cash to"buy" CLICO shares in the berbice bridge in a three card monty act to cover his cronies ass? Did they not say the returns on investment is the wisest move they made? That the agency us on wobbly financial legs and hard working people put their money in it is not a laughing matter.
You folks are childish and every time you make these outlandish claims against Jagdeo, who has demitted office 1 year plus, you diminish your arguments as your viewed as nut jobs.
I asked you once to show evidence of these outlandish claims against Jagdeo and you ducked for cover and claimed that it was common knowledge, denigrating your integrity further.
Former Member
Originally Posted by BGurd_See:
Originally Posted by Stormborn:
Originally Posted by BGurd_See:
Jagdeo is also responsible for conflict in the Arab world. In fact he was the inventor of slavery. He time traveled back to the past and killed Jesus. yadayadayada hahahahaha
Do you think misplaced humor on a serious matter dilutes its seriousness? Who is responsible for using NIS cash to"buy" CLICO shares in the berbice bridge in a three card monty act to cover his cronies ass? Did they not say the returns on investment is the wisest move they made? That the agency us on wobbly financial legs and hard working people put their money in it is not a laughing matter.
You folks are childish and every time you make these outlandish claims against Jagdeo, who has demitted office 1 year plus, you diminish your arguments as your viewed as nut jobs.
I asked you once to show evidence of these outlandish claims against Jagdeo and you ducked for cover and claimed that it was common knowledge, denigrating your integrity further.
He was selected by Matha ji JJ to govern. She even set him up with a fake wife knowing he is a homosexual. Yes, he was a handpicked PPPite dedicated to the task of making all of them rich. And at that he was successful.
If you take from one place to fill another you leave holes. He left lots of holes; so much holes one think the bottom of these are a natural level, the natural level where the subaltern masses of poor people lives. The Patricians live in Pradoville one and two.
Former Member
Originally Posted by Stormborn:
Originally Posted by BGurd_See:
Originally Posted by Stormborn:
Originally Posted by BGurd_See:
Jagdeo is also responsible for conflict in the Arab world. In fact he was the inventor of slavery. He time traveled back to the past and killed Jesus. yadayadayada hahahahaha
Do you think misplaced humor on a serious matter dilutes its seriousness? Who is responsible for using NIS cash to"buy" CLICO shares in the berbice bridge in a three card monty act to cover his cronies ass? Did they not say the returns on investment is the wisest move they made? That the agency us on wobbly financial legs and hard working people put their money in it is not a laughing matter.
You folks are childish and every time you make these outlandish claims against Jagdeo, who has demitted office 1 year plus, you diminish your arguments as your viewed as nut jobs.
I asked you once to show evidence of these outlandish claims against Jagdeo and you ducked for cover and claimed that it was common knowledge, denigrating your integrity further.
He was selected by Matha ji JJ to govern. She even set him up with a fake wife knowing he is a homosexual. Yes, he was a handpicked PPPite dedicated to the task of making all of them rich. And at that he was successful.
If you take from one place to fill another you leave holes. He left lots of holes; so much holes one think the bottom of these are a natural level, the natural level where the subaltern masses of poor people lives. The Patricians live in Pradoville one and two.
It is time for you folks to get over the obsession with Jagdeo, hint hint, your new target should be Ramotar. Already you have labeled him donald duck, a step in the right direction. Maybe you can make up a story that he is a wife beater and drunk, this will serve as further ammunition against the PPP.
Former Member
Originally Posted by BGurd_See:
Originally Posted by Stormborn:
Originally Posted by BGurd_See:
Originally Posted by Stormborn:
Originally Posted by BGurd_See:
Jagdeo is also responsible for conflict in the Arab world. In fact he was the inventor of slavery. He time traveled back to the past and killed Jesus. yadayadayada hahahahaha
Do you think misplaced humor on a serious matter dilutes its seriousness? Who is responsible for using NIS cash to"buy" CLICO shares in the berbice bridge in a three card monty act to cover his cronies ass? Did they not say the returns on investment is the wisest move they made? That the agency us on wobbly financial legs and hard working people put their money in it is not a laughing matter.
You folks are childish and every time you make these outlandish claims against Jagdeo, who has demitted office 1 year plus, you diminish your arguments as your viewed as nut jobs.
I asked you once to show evidence of these outlandish claims against Jagdeo and you ducked for cover and claimed that it was common knowledge, denigrating your integrity further.
He was selected by Matha ji JJ to govern. She even set him up with a fake wife knowing he is a homosexual. Yes, he was a handpicked PPPite dedicated to the task of making all of them rich. And at that he was successful.
If you take from one place to fill another you leave holes. He left lots of holes; so much holes one think the bottom of these are a natural level, the natural level where the subaltern masses of poor people lives. The Patricians live in Pradoville one and two.
It is time for you folks to get over the obsession with Jagdeo, hint hint, your new target should be Ramotar. Already you have labeled him donald duck, a step in the right direction. Maybe you can make up a story that he is a wife beater and drunk, this will serve as further ammunition against the PPP.
I agree with you on one point, DONALD is a DUCK!
Former Member
Originally Posted by Ronald Narain:
Originally Posted by BGurd_See:
Originally Posted by Stormborn:
Originally Posted by BGurd_See:
Originally Posted by Stormborn:
Originally Posted by BGurd_See:
Jagdeo is also responsible for conflict in the Arab world. In fact he was the inventor of slavery. He time traveled back to the past and killed Jesus. yadayadayada hahahahaha
Do you think misplaced humor on a serious matter dilutes its seriousness? Who is responsible for using NIS cash to"buy" CLICO shares in the berbice bridge in a three card monty act to cover his cronies ass? Did they not say the returns on investment is the wisest move they made? That the agency us on wobbly financial legs and hard working people put their money in it is not a laughing matter.
You folks are childish and every time you make these outlandish claims against Jagdeo, who has demitted office 1 year plus, you diminish your arguments as your viewed as nut jobs.
I asked you once to show evidence of these outlandish claims against Jagdeo and you ducked for cover and claimed that it was common knowledge, denigrating your integrity further.
He was selected by Matha ji JJ to govern. She even set him up with a fake wife knowing he is a homosexual. Yes, he was a handpicked PPPite dedicated to the task of making all of them rich. And at that he was successful.
If you take from one place to fill another you leave holes. He left lots of holes; so much holes one think the bottom of these are a natural level, the natural level where the subaltern masses of poor people lives. The Patricians live in Pradoville one and two.
It is time for you folks to get over the obsession with Jagdeo, hint hint, your new target should be Ramotar. Already you have labeled him donald duck, a step in the right direction. Maybe you can make up a story that he is a wife beater and drunk, this will serve as further ammunition against the PPP.
I agree with you on one point, DONALD is a DUCK!
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