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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.


























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NIB Contributions Regulations Relative to Hospitality Workers & Pensionable Civil Servants
6/9/2011 6:08:00 AM
For the information of affected persons and the general public, the National Insurance Board wishes to advise that implementation of the July 2010 amendments to the National Insurance Contributions Regulations relative to hotel/hospitality workers, and Pensionable Civil Servants will no longer happen on July 1, 2011, as previously announced; the amendments are now scheduled to take effect on July 1, 2013. These two amendments will be the last of a package of changes, approved by Parliament last year, to take effect. They are aimed at providing better coverage to more workers of the country.
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12/30/2010 4:39:00 AM
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Explanation-of-the-Key-Features-of-the-Amendments-to-the-National-Insurance-Benefits-Contributions-Regulation
11/24/2010 5:20:00 AM
The National Insurance Board (NIB)began operations in October 1974, to ad-minister a social security system that wouldprovide workers and their families withbasic financial protection against the lossof employment earnings in the event ofsickness, childbirth, retirement, invalidity,death, workplace injury (1980), and un-employment (2009). Under NationalInsurance, insured contributors are coveredfor three main types of contingencies –
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6/23/2010 5:02:00 AM
Employers are reminded that summer students between the ages of 14 years and 24 years, who are employed for an aggregate of 10 weeks, between the period June 1 and August 31, in any year, are exempted from paying National Insurance contributions from their earnings. The employer, however, is required to pay contributions of two percent (2%) of the students’insurable wages in respect of their summer earnings.
NIB New Contribution Rate to take effect June 1, 2010
5/27/2010 4:55:00 AM
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Direct Deposit
5/19/2010 7:30:11 AM
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