While the Na­tion­al In­sur­ance Board (NIB) pro­vides ser­vices to over 588,000 peo­ple and of­fers 23 ben­e­fits it faces se­ri­ous sus­tain­abil­i­ty chal­lenges and risks of re­serve ex­haus­tion, whether it is from the ex­pen­di­ture of the Na­tion­al In­sur­ance Sys­tem (NIS) ex­ceed­ing its in­come or from the as­sets of the Na­tion­al In­sur­ance Fund be­com­ing de­plet­ed with­in the next 25 years ac­cord­ing to Fi­nance Min­is­ter Colm Im­bert.