News

News

NIB Notice Summer Students Exemption

6/23/2010 5:02:00 AM
Employers are reminded that summer students between the ages of 14 years and 24 years, who are employed for an aggregate of 10 weeks, between the period June 1 and August 31, in any year, are exempted from paying National Insurance contributions from their earnings. The employer, however, is required to pay contributions of two percent (2%) of the students’insurable wages in respect of their summer earnings.

Click here to read additional details


Comments (0) Add Comment Add Comment
Name

Comment
Captcha
Enter the code from the picture
NIB Continues to Seek a Resonable Conclusion to its Industrial Agreement
On Friday, November 29, 2019 the Union of Public Officers (UPO) staged a demonstration at The National Insurance Board’s Headquarters, Clifford Darling Complex, Baillou Hill Road....
Employer Self Service (Coming Soon)
Employer Self Service (Coming Soon)
11/28/2019 2:04:33 PM
The National Insurance Board is please to inform the public...READ MORE
NHI EXPERIENCE
NHI EXPERIENCE
11/17/2019 4:52:28 AM
National Insurance Board at BCCEC Power Breakfast
The National Insurance Board co-partnered with the Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) for its popular Power Breakfast for a demonstration of NIB’s newest dynamic and innovative Employer’s Self-service (ESS) portal.
Group Life and Medical Insurance Brokerage- Deadline Extension
The National Insurance Board (NIB) is seeking suitably qualified Bahamian Companies to provide Brokerage Services for the Group Life and Health Insurance plan for active and retired employees of the National Insurance Board and the Bahamas Mortgage Corporation.