Leader of the Alliance Party for Progress (APP), Bishop Joseph Atherley has called for more frequent reviews and audits of the National Insurance Scheme (NIS).His reaction has come following the warning yesterday that the National Insurance Fund was in danger of being depleted by 2034 if speedy action was not taken.The former Opposition Leader took issue with the haphazard manner in which the finances of the NIS were seemingly being managed.“You need to have frequent reviews with respect to a fund like that, bearing in mind all of the dynamics at play. You should never be caught off guard by trends with respect to the projections on NIS, especially vis-à-vis pensions,” Atherley told Barbados TODAY.
