News

News

NIB and PMU Sign 2025- 2029 Industrial Agreement, Favorable for 174 Managers, In Record Time

NIB and PMU Sign 2025- 2029 Industrial Agreement, Favorable for 174 Managers, In Record Time

1/17/2025 12:26:19 AM
The National Insurance Board (NIB) is pleased to announce the official signing of the 2025- 2029 Industrial Agreement between NIB and the Public Managers Union (PMU). This momentous occasion represents months of discussions, careful deliberation, and the successful culmination of negotiations. This agreement includes key provisions that addresses many of the concerns brought forward by the PMU, and will empower NIB’s middle managers to lead with confidence while continuing to deliver outstanding service to the community.

The success of any organization is tied to the well-being of its people. Today’s signing serves as a testament to what can be achieved when we work together with a shared vision and purpose. To this end, the Board remains resolute in addressing the immediate needs of our employees, while laying the foundation for sustained growth and innovation.


























Comments (0) Add Comment Add Comment
Name

Comment
Captcha
Enter the code from the picture
Online & Electronic Services
Online & Electronic Services
8/6/2020 10:54:56 AM
The public is reminded that NIB has suspended all face to face transactions with the exception of cheque collection.
Millions Paid in Assistance as Government Rolls-out GovUEBex Programme
Millions Paid in Assistance as Government Rolls-out GovUEBex Programme
7/30/2020 11:54:01 AM
Millions in unemployment assistance payments continue to flow as the Government and its partners streamline the implementation processes of the Government Unemployment Extension programme (GovUEBex). Since the National Insurance Board (NIB) launched its new online portal to administer the Programme, approximately $8.7 million in assistance has been disbursed to about 18,000 Bahamian workers.
First Payment Cycle for the GovUEBex programme
First Payment Cycle for the GovUEBex programme
7/22/2020 2:26:25 PM
The first payment cycle for the GovUEBex programme will be processed on Thursday, July 23, 2020 for the 14,002 eligible persons who have registered on the new portal. Funds will be available on recipients’ bank accounts within 1-3 days.
GovUEBex PROGRAMME EXPANDS TO INCLUDE MORE ELIGIBLE PERSONS
GovUEBex PROGRAMME EXPANDS TO INCLUDE MORE ELIGIBLE PERSONS
7/21/2020 3:43:44 PM
The National Insurance Board, after consultation with the Ministry of Finance, is pleased to advise that the Government Unemployment Extension Programme will be extended to persons whose last day at work was Friday 13 March, 2020.
Press Statement - NIB WILL LAUNCH NEW ONLINE PORTAL
Press Statement - NIB WILL LAUNCH NEW ONLINE PORTAL
7/17/2020 11:45:02 AM
On Monday, July 20, 2020 The National Insurance Board (NIB) will launch a new online portal for eligible individuals to register for the Government-Funded Unemployment Benefit Extension Programme (GovUEBex).
2020 Biennial Adjustments
2020 Biennial Adjustments
7/1/2020 9:48:51 PM
The amendments made to the National Insurance Act in 2010 introduced automatic biennial adjustments to pensions, grants and the wage ceiling. The adjustment to pensions and grants is based on the change in the retail price index in the two previous calendar years prior to the adjustment year.