News

News

Changes to NIB Contributions and Regulations

12/30/2010 4:39:00 AM
Higher Insurable Wage Ceiling
  • Contributions (for both the employer and the employee) in respect of the employee who makes more than $400 per week has increased. While the rate of contributions remains the same, the new wage ceiling is $500 per week/$2,167 per month. For weekly paid persons, the first salary deduction at the higher rate will be for the pay period in which January 3 falls.
  • Contributions for self-employed persons who make more than $1,733 per month have increased. The new ceiling is $2,167 per month, with the first contribution payment on the higher rate due at the end of January.

Click here to read the additional details.

Comments (0) Add Comment Add Comment
Name

Comment
Captcha
Enter the code from the picture
ESS Pay Online
ESS Pay Online
10/29/2021 3:08:00 PM
ESS Pay Online
Covid-19 Safety Protocols
Covid-19 Safety Protocols
10/28/2021 3:38:41 PM
Covid-19 Safety Protocols
NIB Welcomes New Minister
NIB Welcomes New Minister
10/26/2021 10:00:43 AM
The National Insurance Board (NIB) welcomed Minister of State in the Office of the Prime Minister Myles LaRoda on Wednesday
Employer Self-Service Campaign
Employer Self-Service Campaign
9/2/2021 12:00:00 PM
Take control...Do it yourself...
SMART CARD RENEWAL
SMART CARD RENEWAL
9/1/2021 3:06:01 PM
The National Insurance Board wishes to advise the public that due to the recent surge in COVID 19 cases, Smart Card renewal has been suspended and expired cards remain valid until further notice. 
New Smart Card (Individual Registration)
The National Insurance Board wishes to advise the public that due to the recent surge in COVID 19 cases, NIB has implemented the following procedure for new individual registration...