Barbados’ National Insurance Scheme (NIS) is not in any crisis.This was the clear point made by Prime Minister Mia Mottley today after it was revealed that the National Insurance Fund was in danger of being depleted in the next 12 to 20 years if decisive action was not taken.“We are not in crisis, but we want to avoid crisis 15 years from now. That is therefore going to mean that all of us who have the responsibility for taking decisions can do so at the earliest possible opportunity.”Meanwhile, consultant actuary Derek Osborne, explained that the national scheme is under severe stress describing a “worrisome situation” in which the NIS was collecting 18.25 per cent in contributions and paying out 24 per cent in benefits and pensions.