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In honor of Nurses Month, NIB acknowledges our hardworking nursing professionals
5/9/2024 10:59:03 AM
We thank you for your unwavering commitment and heartfelt engagement!
read more...
OHSU Employee of the Year
4/24/2024 4:55:01 PM
OHSU Employee of the Year
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Grand Prize Winners: Road to 50- New Providence Blood Drive
4/23/2024 2:48:36 PM
CONGRATULATIONS…Captured are the four winners who participated/volunteered in NIB’s Road to 50 Blood...
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NIB Provides Customer Service at The Thomas A. Robinson Stadium For New Providence Claimants
5/27/2020 9:13:07 AM
Over the next three days, the National Insurance Board (NIB) will provide customer service from the Thomas A. Robinson stadium on Mychal Thompson Blvd. (adjacent to Customs House) to its claimants in New Providence who are on the published list found on the NIB website and Facebook page. Claimants may visit the stadium on their designated day from Tuesday, May 26, 2020 to Thursday, May 28, 2020 between the hours of 9:00 a.m. to 4:30 p.m.
Expanding service from the T.A. Robinson Stadium allows for proper social distancing and more windows for agents to provide service to thousands of customers. Persons are asked to adhere to the last name protocol on the published list, and are asked to present an official government identification (the NIB smart card or a passport or driver’s license) to the NIB agent at the time of service.
All other business will continue from NIB Headquarters on Baillou Hill Road.
NIB wishes to thank its customers for their patience during these challenging circumstances and the many staff members who worked through many weekends to settle claims.
NIB reminds the public to monitor our website and FB pages for updates and additional information.
Contact: Tonique Williams | Public Relations Manager| tonique.williams@nib-bahamas.com
| 242 397. 3599
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Explanation-of-the-Key-Features-of-the-Amendments-to-the-National-Insurance-Benefits-Contributions-Regulation
11/24/2010 5:20:00 AM
The National Insurance Board (NIB)began operations in October 1974, to ad-minister a social security system that wouldprovide workers and their families withbasic financial protection against the lossof employment earnings in the event ofsickness, childbirth, retirement, invalidity,death, workplace injury (1980), and un-employment (2009). Under NationalInsurance, insured contributors are coveredfor three main types of contingencies –
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.
NIB New Contribution Rate to take effect June 1, 2010
5/27/2010 4:55:00 AM
For the first time since the National Insurance programme started in 1974, the rate of contribution payments will be increased for employed persons. Beginning June 1, 2010, the rate will be increased by 1% – one half percent (.50%) to be paid by the employer, and one-half percent (.50) to be paid by the employee. This means that the current rate of 8.8%, shared 5.4% for employer and 3.4% for employee, will change to 9.8%, shared 5.9% for employer, and 3.9% for employee. This translates to a maximum weekly increase of $2 for the employer and $2 for the employee.
Direct Deposit
5/19/2010 7:30:11 AM
In February 2006, the National Insurance Board (NIB) began the initiative to have all long-term benefit and assistance payments deposited directly into pensioners’ bank accounts. Apart from the efficiency gained as a result of the direct deposit, NIB considered the initiative to be a significant step forward in ensuring that the actual process of paying pensions and assistance payments was more humane and individualized, as well as confidential.
Joint Statement by NIB and The Bahamas Pharmaceutical Association
5/12/2010 6:05:32 AM
The National Insurance Board and The Bahamas Pharmaceutical Association announced on Thursday that they are working together to successfully launch the National Prescription Drug Plan (NPDP) in August of this year.
JOINT STATEMENT BY THE NATIONAL INSURANCE BOARD AND THE BAHAMAS PHARMACEUTICAL ASSOCIATION
5/12/2010 4:49:00 AM
The National Insurance Board and The Bahamas Pharmaceutical Association announced on Thursday that they are working together to successfully launch the National Prescription Drug Plan (NPDP) in August of this year.
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