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NIB Celebrates 49th Anniversary – Looking Ahead to Golden Jubilee

NIB Celebrates 49th Anniversary – Looking Ahead to Golden Jubilee

10/10/2023 4:15:40 AM
Nassau, Bahamas - On October 6, 2023, the National Insurance Board (NIB) marked its 49th anniversary. Celebrations took place throughout the Bahamas, with the traditional Customer Service Day for its patrons and cake-cutting ceremonies at all local offices for staff. At the NIB Headquarters on Baillou Hill Road, both staff and retirees convened for the unveiling of "The Road to NIB's 50th Anniversary" theme and logo. This special launch featured the announcement of winners from an internal competition that sought the best theme and logo to commemorate the upcoming golden jubilee. 


The theme and logo competition rallied staff to design a logo or coin a theme that would embody the statement “What do you think NIB represents after 50 years of existence” and could include various aspects of NIB such as the Board’s values, NIB’s mission and vision, speak to the provision of services and/or may depict and promote the general welfare and highest standards of the employees, customers and all stakeholders at large. The competition proved fierce with over 60 submissions. The final winners were: 

Theme: 
3rd place – Clarice Lewis from Freeport Local Office 
2nd place – Robert Ashe from Inagua Local Office 
Grand Prize – Quincy Arthur from IT department 

Logo: 
3rd place – Audrey Newbold – from Family Island Operations 
2nd place – Nurse Ruth Pickstock 
Grand Prize – Alyssa Rolle – from the Inspectorate department 

The newly appointed Minister addressed the event for National Insurance, the Hon Alfred Sears, KC, MP who also assisted with the presentation of awards and received the first piece of cake that was cut by Ms. Diane major who has been employed with the Board for some 40 years. The event held at NIB’s headquarters was the second of three events planned during the Anniversary week. NIB’s initial kick off event was a Customer Appreciation day held at the sub-office in Freeport, Grand Bahama on Monday October 2nd, 2023. The final event for the week will be the annual anniversary Church Services with staff attending services throughout the Family Islands. In New Providence, the staff will attend the Southland Cathedral Global Ministries on Solider Road. 

On the Road to the 50th Anniversary, NIB has planned a series of events to include both internal and external stakeholders. These events will include a FUN, Run, Walk, Heath and Wellness Fair, an inaugural Pensioners Day and Essay Competition. For more information on events logon to the NIB website nib-bahamas.com or follow us on Instagram or Facebook. 

Take Control. Do It Yourself! Sign up with NIB’s Employer’s Self Service (ESS) portal today! Disclaimer Link - Click to view : https://www.nib-bahamas.com/Email-Disclaimer



















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Response to Tribune article
4/9/2009 12:00:00 AM
Derek Osborne, Consultant Actuary at the National Insurance Board is advising the public that though the 8th Actuarial Review of the National Insurance Fund, which includes long-term projections of the Fund and recommendations aimed at enhancing the Fund’s long-term sustainability as well as its ongoing relevance, has been completed, it has not yet been tabled in Parliament as is required by law.
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3/13/2009 12:00:00 AM
Algernon Cargill, Director of the National Insurance Board (NIB) is responding to a Tribune article (March 12, 2009) that suggested that members of the business community are in a state of “enormous consternation” over the Board’s current and ongoing process of updating its contribution records. Though NIB has addressed this issue in the recent past, the NIB Director wishes to say once again that the Board is obligated by the National Insurance Act to ensure that all employers have paid the amount of contributions due for each employee for each month, and that contributions submitted are accurately posted or deposited to the accounts of the appropriate employees.
NIB Compliance Press Release
3/11/2009 12:00:00 AM
As was reported in the local media recently, the National Insurance Board (NIB) is increasing its review of the contribution accounts of delinquent employers and self-employed persons in order to ensure compliance with the National Insurance Act (the Act).
The National Insurance Board
3/2/2009 12:00:00 AM
As of March 2, 2009, all claims submitted for short-term benefits by employed persons (i.e., persons who have bosses) must be accompanied by an Employers Certification form (Med 4). The new Med 4 form is a single- sheet addition to the Med 1, Med 1A and Med 2 forms. It requires the employer to certify that an employee is/was/will be off from work for the period stated.
Press Response on clear policy
2/2/2009 12:00:00 AM
The National Insurance Board’s (NIB) primary objective, as mandated in the National Insurance Act, continues to be providing income-replacement for workers when they are unable to work. To deliver on this income-replacement promise to workers of The Bahamas, NIB collects contributions from self-employed persons and from employers on behalf of employees.