The genesis of the National Insurance Scheme (NIS) can be said to have developed from 1954 when the British Colonial Office invited a British professor to investigate “possible measures of social security” for British Guiana residents.
By 1958, his proposals led to a 1963 report analyzing the setting up of a national pension scheme, which in turn led to government in 1964 considering obtaining expert assistance to implement an NIS Pension scheme.

