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Freeport Local Office Customer Appreciation Day Kicks Off NIB’s Road to 50th Anniversary Events

Freeport Local Office Customer Appreciation Day Kicks Off NIB’s Road to 50th Anniversary Events

10/18/2023 10:55:54 PM
October 2, 2023 - The National Insurance Board (NIB) kicks off its 49th Anniversary celebrations with a Customer Appreciation day held at the sub-office in Freeport, Grand Bahama. The traditional cake cutting ceremony this year held special significance as 49-year-old staff member Ms. Robertha Fischbacher presented the first piece of cake to 50-year-old customer Ms. Nerissa Russell; symbolizing NIB’s strategic focus to enhance service delivery moving into its Golden Jubilee.

Highlighted throughout the day were two innovative solutions available to improve customer service – the Employer Self Service portal designed to make paying contributions and submitting contribution payments easier for Employers and the Registrant Self Service portal, which gives workers online access to check their contribution status.

Public Relations officer for the NIB, Tonique Williams, said that NIB has so much to showcase over the next 12 months with a series of events, initiatives and innovations to touch all stakeholders. For more information, visit the NIB website at nib-bahamas.com or NIB’s Instagram and Facebook pages.
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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.
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.