The National Insurance Services (NIS) has announced that contribution rates for employers and employees will increase by an additional 0.5 percentage points, effective January 1, 2026. The NIS is reminding all employers, employees, self-employed persons, and voluntary contributors to prepare for the upcoming adjustment. In a telephone interview with SVGTV News Executive Director of the NIS, Stewart Haynes, explained that the increase is part of a phased reform process that began in June 2024. Th

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