{"id":7527,"date":"2025-09-10T15:05:14","date_gmt":"2025-09-10T15:05:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/7527\/"},"modified":"2025-09-10T15:05:14","modified_gmt":"2025-09-10T15:05:14","slug":"st-vincents-nis-registers-16-5-million-surplus-in-first-half-of-2025","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/7527\/","title":{"rendered":"St Vincent&#8217;s NIS registers $16.5 million surplus in first half of 2025"},"content":{"rendered":"<p>St. Vincent and the Grenadines\u2019 National Insurance Services (NIS) has demonstrated a financial recovery, transforming a previous year\u2019s loss into a substantial profit of EC$16.5 million during the first half of 2025, Prime Minister Ralph Gonsalves announced recently.<\/p>\n<p>The social security agency\u2019s remarkable turnaround is marked by significant improvements across multiple financial indicators:<\/p>\n<p><a href=\"https:\/\/ad.doubleclick.net\/ddm\/trackclk\/N5939.5776718STVINCENTTIMES\/B33955755.427727265;dc_trk_aid=620293317;dc_trk_cid=239036614;dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;gdpr=$GDPR;gdpr_consent=$GDPR_CONSENT_755;ltd=;dc_tdv=1\" aria-label=\"fdx_m_w_f_display_header_banner\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" data-lazy- data-lazy- class=\"no-lazyload\" width=\"1440\" height=\"600\" data-lazy-src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/09\/fdx_m_w_f_display_header_banner.jpg\"\/><\/a><br style=\"clear: both; display: block; float: none;\"\/><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" attributionsrc=\"\" border=\"0\" height=\"1\" width=\"1\" alt=\"Advertisement\" data-lazy-src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/09\/B33955755.427727265;dc_trk_aid=620293317;dc_trk_cid=239036614;ord=1;dc_lat=;dc_rdid=;tag_for_child_d.gif\"\/><\/p>\n<p>\u2022 Contribution Income Surge: A dramatic 45% increase in contribution income, rising from EC$38 million to EC$55 million<br \/>\u2022 Arrears Collection: 51% improvement in arrears collection, with EC$2.7 million recovered<br \/>\u2022 Investment Performance: Investment income jumped 49%, climbing from EC$11 million to EC$16.2 million<\/p>\n<p>Investment Portfolio Highlights:<\/p>\n<p>Portfolio expanded from $441 million to $479.7 million<\/p>\n<p>Yield increased from 4.8% to 7.5%<\/p>\n<p>Active insured population grew by 3%, reaching 46,318 individuals<\/p>\n<p>Gonsalves attributed the success to several critical factors:<\/p>\n<p>Increased employment<\/p>\n<p>Enhanced employer compliance<\/p>\n<p>Contribution rate adjustment from 12% to 13%<\/p>\n<p>Expanded insurable wages<\/p>\n<p>\u201cThis performance represents more than just numbers,\u201d Gonsalves emphasized. \u201cIt reflects the resilience and economic potential of our national social security system.\u201d<\/p>\n<p>Despite the positive results, benefit expenses have marginally increased from EC$47.8 million to EC$49 million, indicating ongoing pressures on the system.<\/p>\n","protected":false},"excerpt":{"rendered":"St. Vincent and the Grenadines\u2019 National Insurance Services (NIS) has demonstrated a financial recovery, transforming a previous year\u2019s&hellip;\n","protected":false},"author":2,"featured_media":7528,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-7527","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/7527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=7527"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/7527\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/7528"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=7527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=7527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=7527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}