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NIB Minister Introduces Board Members and Executive Management

NIB Minister Introduces Board Members and Executive Management

12/8/2021 10:04:29 AM





Bahamas Information Services December 2, 2021, NIB Minister Introduces Board Members and Executive Management, Retrieved December 3, 2021, from:

https://www.facebook.com/.../a.44706.../4864863803547061/NIB

NIB welcomes new Board Members:

Mr. Philip McKenzie                                Chairman

Mr. Theofanis Cochinamogulos                Deputy Chairman

Mrs. Michelle Pindling-Sands                   Member

Ms. Leana Ingraham                              Member

Mrs. Rozalia E. Bowe                              Member

Ms. Amancha Williams                            Member

Ms. Theressa Thompson                         Member

Mr. Timothy Ingraham                            Member

Mr. Daniel Thompson                              Member

Ms. Lisa Turnquest                                 Member

Mr. Waldon Russell                                 Member

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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.
NIB Can’t “Write Off” Employees’ Contributions
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.