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NIB Welcomes New Minister

NIB Welcomes New Minister

10/26/2021 10:00:43 AM

NIB Welcomes New Minister

The National Insurance Board (NIB) welcomed Minister of State in the Office of the Prime Minister Myles LaRoda on Wednesday October 13th, 2021. Minister LaRoda met with NIB executives including Director James Moss before addressing the press, touring each NIB location in New Providence, and greeting all employees present.

See the Community Gallery for photo captions.

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IMPACT OF MINIMUM WAGE ON NATIONAL INSURANCE CONTRIBUTIONS
The Government of The Bahamas has announced that there will be an increase in the Minimum Wage effective August 15, 2015. In this regard, the National Insurance Board advises employers that for all workers impacted by the change in the minimum wage, there will be a corresponding increase in contribution payments for the month of August and thereafter.