Home
Events
News
Community Gallery
Feedback
About NIB
Administration
Benefits and Assistance
General Benefits
Industrial Benefits
Assistance Payments
Registration
Contributions
Finance
The Appeals Process
Offences
The NIB Programme
Vision/Mission Statement
Historical Highlights
1978-1980
1981-1983
1984-1986
1987-1989
1990-1992
1993-1995
1996-1998
1999-2000
2001-2002
2003-2005
2006-2008
2009-2011
2012-Present
Community Gallery
NIB Act and Regulations
Official Gazette Prescription Drug Fund Act 2009
Individuals
Forms
Brochures
New STB Forms
Employment at NIB
Employers
Forms
Contributions Table
Employer Self Service
Forms
Registration
Contributions Table
Benefit & Assistance
Brochures
Publications
Flyers and Display Ads
Media
Contact
New Providence Offices
Grand Bahama Offices
Family Island Offices
NIB DrugPlan
Jobs
Public Tenders
Public Tenders
Benefits and Assistance
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.
Tweet
Print
Send Email
Share
Comments (0)
Add Comment
Name
Comment
Enter the code from the picture
Office Hours - New Providence
3/24/2020 1:00:00 AM
The public is advised that all NIB offices in New Providence will open at 9:00 a.m.
Early Office Closure Family Island Offices
3/23/2020 10:00:35 PM
The public is advised that all local offices in Grand Bahama and the Family Islands....
THE GOVERNMENT UNEMPLOYMENT ASSISTANCE FOR COVID-19 (GOV-UEA - TOURISM PACKAGE)
3/23/2020 9:43:03 PM
The Government of The Bahamas, in collaboration with the National Insurance Board (NIB), is responding to bring financial support to self-employed Bahamians in the tourism sector whose income sources have been disrupted by COVID-19.
NIB Contribution Payment Options for Employers
3/23/2020 3:45:28 PM
Employers have multiple options to pay their NIB Contribution payments. Select the payment option that works best for you....
NIB’s ELECTRONIC SERVICES TO SAFELY SERVE CUSTOMERS
3/22/2020 2:52:03 PM
All NIB Offices are operational. However, all face to face services have been suspended, with the exception of cheque payments and persons collecting cheques.
COVID-19 Connect With Us
3/22/2020 12:09:37 PM
COVID-19 Connect with us, our staff stands ready to assist.
<
1
2
…
28
29
30
31
32
33
34
…
46
47
>
RSS Member Login
NIB Value Added Tax TIN
Know Your Contributions Facility Instructions
Employers can request Letters of Good Standing
11th Actuarial Review of NIF
11th Actuarial Review of NIF