April 27, 2023
MYLES Laroda, state minister with responsibility for the National Insurance Board, at an Elizabeth constituency community meeting this week.
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Laroda says NIB not facing liquidity crisis
MYLES Laroda, state minister with responsibility for the National Insurance Board, wants to assure the public that the NIB fund is not facing a liquidity crisis.
LARODA WARNS NIB RUNNING ON FUMES: He adds ‘the first rate increase is not going to save the fund’
MYLES Laroda said the National Insurance Board fund is “basically running on fumes” and can only be stabilised when the contribution rate is increased by 1.5 per cent for the third or fourth time in the future.
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