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NIB participates in the Bahamas Institute of Chartered Accountants (BICA) Small-to-Medium Practitioner (SMP) event

NIB participates in the Bahamas Institute of Chartered Accountants (BICA) Small-to-Medium Practitioner (SMP) event

5/16/2025 1:53:30 PM
Today The National Insurance Board (NIB) participated in the Bahamas Institute of Chartered Accountants (BICA) Small-to-Medium Practitioner (SMP) event at Margaritaville Resort, under the theme "Building A Successful Business In The SME Space." Businesses were informed on how to properly register a business, reminded of the importance of remaining compliant and encouraged to utilize the Employer Self Service (ESS) portal and the new C-10 EzSUBMIT & PAY Mobile App - both designed to streamline compliance processes and to make paying contributions easier. NIB actively participates in these types of events to enhance public awareness and facilitate compliance among businesses and self-employed individuals.



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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.