News

News

NIB Rate Sheet- July 2024

NIB Rate Sheet- July 2024

7/31/2024 5:58:34 PM
National Insurance adjustments to the insurable wage, pensions and grants ensures that workers can insure more of their income and that Benefits offered remain relevant and adequately meet the needs of Bahamians by staying in line with inflation. This adjustment (increase) in the insurable wage ceiling is based on the change in the retail price index over the two previous calendar years plus 2%. See the new NIB Rate Sheet, effective July 2024, which outlines the increases to pensions, grants and the increase in the insurable wage ceiling.





Comments (0) Add Comment Add Comment
Name

Comment
Captcha
Enter the code from the picture
NHI EXPERIENCE
NHI EXPERIENCE
11/17/2019 4:52:28 AM
National Insurance Board at BCCEC Power Breakfast
The National Insurance Board co-partnered with the Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) for its popular Power Breakfast for a demonstration of NIB’s newest dynamic and innovative Employer’s Self-service (ESS) portal.
Group Life and Medical Insurance Brokerage- Deadline Extension
The National Insurance Board (NIB) is seeking suitably qualified Bahamian Companies to provide Brokerage Services for the Group Life and Health Insurance plan for active and retired employees of the National Insurance Board and the Bahamas Mortgage Corporation.
Town Meeting - Gray's Long Island
Town Meeting - Gray's Long Island
11/8/2019 3:38:33 PM
The National Insurance will hold a Town Meeting on Wednesday November 13, 2019...READ MORE...
Power Breakfast NIB and BCCEC
Power Breakfast NIB and BCCEC
11/8/2019 12:11:25 PM
The Bahamas Chamber of Commerce and The National Insurance present...
Marsh Habour Office Re-opens
Marsh Habour Office Re-opens
11/4/2019 4:27:39 PM
The National Insurance Board Wishes to advise the public that our Marsh Habour office has re-opened for business.