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NIB Responds to Potential National Sick-Out, Reaffirms Commitment to Service and Negotiations
News
Early Office Closure All NIB Offices
4/16/2025 3:49:09 PM
The National Insurance Board wishes to advise the public that all NIB offices will close on Thursday...
read more...
NIB and UPO Sign 2024- 2028 Industrial Agreement, Favorable for 450 Union of Public Officers Members
4/14/2025 1:42:32 PM
The National Insurance Board (NIB) is pleased to announce the official signing of the 2024- 2028 Ind...
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Request for Proposal - General Insurance Portfolio
4/1/2025 3:19:47 PM
The National Insurance Board of The Bahamas (NIB) is seeing proposals from eligible insurance compan...
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NIB is Partnering with the Department of Inland Revenue at their Financial Symposium
3/21/2025 5:21:36 PM
We are pleased to announce that The National Insurance Board of The Bahamas (NIB) is partnering with...
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Public Notice - Temporary Office Closure - San Salvador Local Office
1/29/2025 4:10:57 PM
The National Insurance Board wishes to advise the public that the San Salvador Local Office will CLO...
read more...
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NIB Responds to Potential National Sick-Out, Reaffirms Commitment to Service and Negotiations
1/12/2025 9:10:09 PM
The National Insurance Board (NIB) has been informed of a potential national sick-out involving members of the Union of Public Officers (UPO) over the next three days as a result of stalled negotiations. It is always our goal to reach a fair and mutually beneficial agreement with our valued employees, and we remain committed to that goal. Our priority is the sustainability of the Fund.
We are pleased to announce that we have successfully concluded negotiation with the Public Managers Union (“PMU”) and will this week sign a five-year agreement with PMU. We thank the PMU for its continued support and look forward to working shoulder to shoulder with them.
We remain optimistic that a resolution is within reach with UPO and look forward to the next steps in the negotiation process. The only matter outstanding between UPO and NIB is a financial matter pertaining to the fifth year of the proposed industrial agreement. We firmly believe that good faith negotiations remain the best path forward. We met with UPO early last week where we discussed probable resolution and as late of Thursday past, we reached out to UPO to discuss a probable resolution to the issue in dispute but have not received a reply.
We encourage the Union of Public Officers to return to the table with the same commitment to collaboration and mutual respect that has characterized our discussions thus far.
We assure the public that NIB has proactively taken steps to minimize any disruptions and to ensure that essential services continue for those who rely on NIB in their times of need. Business operations will remain open as usual, from 9:00 a.m. to 5:00 p.m., at all offices across The Bahamas. To reduce delays, customers are encouraged to:
- Utilize drop boxes at Local Offices wherever possible
- Access online services, including:
The EzRenew portal for card renewals
The ESS portal and C10 mobile app for contribution payments
Email departments directly for additional assistance:-
Registration: registration@nib-bahamas.com
Compliance: compliance@nib-bahamas.com
ESS inquiries: ess@nib-bahamas.com
Verification: verification@nib-bahamas.com
Customer Service: customerservice@nib-bahamas.com
Occupational Health and Safety Unit: ohsu@nib-bahamas.com
We assure our customers that all efforts are being made to reduce disruptions in service.
For continuous updates, please visit our website at nib-bahamas.com or follow us on Facebook and Instagram.
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Response to Tribune article
4/9/2009 12:00:00 AM
Derek Osborne, Consultant Actuary at the National Insurance Board is advising the public that though the 8th Actuarial Review of the National Insurance Fund, which includes long-term projections of the Fund and recommendations aimed at enhancing the Fund’s long-term sustainability as well as its ongoing relevance, has been completed, it has not yet been tabled in Parliament as is required by law.
NIB Can’t “Write Off” Employees’ Contributions
3/13/2009 12:00:00 AM
Algernon Cargill, Director of the National Insurance Board (NIB) is responding to a Tribune article (March 12, 2009) that suggested that members of the business community are in a state of “enormous consternation” over the Board’s current and ongoing process of updating its contribution records. Though NIB has addressed this issue in the recent past, the NIB Director wishes to say once again that the Board is obligated by the National Insurance Act to ensure that all employers have paid the amount of contributions due for each employee for each month, and that contributions submitted are accurately posted or deposited to the accounts of the appropriate employees.
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.
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