Question No. 107 to the Minister of Finance
Regarding the 2021 NIB Report, where a 10.4% increase in NIS contributors, a 3.74% decrease in contribution income and a steady increase in beneficiaries lead to the NIB’s need to withdraw over $1Bn from its investments to pay benefits to citizens in 2021, can the Minister provide a status report on:

i. what is being done to ensure that NIS contributions are paid in accordance with the
law; and

ii. what is being done to boost the NIB’s investment portfolio income?