National Insurance Scheme Nis Jamaica. Labour and social security minister karl samuda says that improvements in national insurance scheme (nis) pension benefits will be introduced next year. It is administered under the national insurance act and offers some financial protection to the worker and his or her family against loss of income arising from injury on the job, sickness, retirement, and/or death of the.
The national insurance scheme (nis) is a compulsory contributory funded social security scheme covering all employed persons in jamaica. The actual wage / salary is, at present, subjected to a ceiling of $280,000.00 per month or $64,615.00 per week for national insurance purposes. National insurance scheme (nis) is located at: