Latest News
It’s Day 3 and NIB is still Ringing For The CauseDecember 17, 2025Executives and staff of National Insurance Board of The Bahamas are continuing to proudly ring the bell in support of The Salvation Army's Red Kettle Bell fundraiser...Read More...
2026 Pension Payments ScheduleDecember 16, 2025All persons who receive monthly Benefit or Assistance payments are required to be verified by submitting Form B.75b if receiving a pension Benefit or Form B.75a if receiving a pension AssistanceRead More...
NIB has partnered with the Salvation Army’s Red Kettle Bell FundraiserDecember 15, 2025We’re Giving Back This Season; and we are proud to partner with the Salvation Army’s Red Kettle Bell Fundraiser. Join us at NIB Headquarters on Baillou Hill Road as we ring the bell today through Wednesday, December 17, between 10:00 a.m. and 3:00 p.m.Read More...
Finance
The National Insurance Fund comprises trust funds, belonging to the National Insurance Board’s contributors; the trusteeship principles of safety, yield and liquidity apply to all investments of the Fund. Hence, all investments of the Fund are required to meet these criteria. The Fund must be invested so as to adequately meet both the present and future cost of benefits and assistance.
Total reserve investment can be categorized as either cash or non-cash investments. The total income of the National Insurance Programme is spread between different reserves to allow for payment of benefits and assistances under various categories, and all Fund investments are spread between short, medium and long-term placements so as to match corresponding future benefit obligations.
Categories of investments are as follows:
- Bahamas Government Registered Stock;
- Treasury Bills;
- Bank Deposits;
- Long-term bonds/loans to quasi-government corporations;
- Equity investments; and
- Net investment in direct financing lease.
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