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
Pension Payment Schedule 2021
Pension Payment Schedule 2021
1/7/2021 10:53:56 AM
Pension Payment Schedule 2021
Press Statement - Recipients of Long Term (Pension) Benefits Urged to Verify for Benefit Continuation
The National Insurance Board wishes to advise the public that all persons eligible for long-term or pension benefits who have not verified within the last 6 months... READ MORE...
Pension Verification
Pension Verification
12/15/2020 10:05:32 AM
The National Insurance Board wishes to remind PENSIONERS (Retirement, Survivors, Invalidity,Old Age Non-contributory pension) that
The National Insurance Board Among Certificate of Merit Recipients for the 2020 International Social Security Association (ISSA) Good Practice Awards
The National Insurance Board (NIB) is pleased to advise that The Bahamas is among the countries awarded the Certificate of Merit in the International Social Security Association (ISSA) Good Practice Award for the Americas for NIB’s response to Shocks and extreme events: COVID-19 crisis.
RESIGNATION OF THE DIRECTOR OF NIB
RESIGNATION OF THE DIRECTOR OF NIB
12/1/2020 4:19:00 AM
Mr. Troy Smith, Chairman of the National Insurance Board wishes to advise that Dr. Nicola Virgill-Rolle, has tendered her resignation as Director/CEO of NIB.
Pension Payment for October 2020
Pension Payment for October 2020
10/20/2020 8:41:44 AM
The National Insurance Board wishes to advise the public that pension payments for the month of October, 2020 will be made...READ MORE.