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NIB and Yamacraw Constituency Leaders Insist “Knowledge is Key”

NIB and Yamacraw Constituency Leaders Insist “Knowledge is Key”

10/31/2023 10:26:56 PM
Saturday October 28, 2023 - In a powerful display of community engagement, the National Insurance Board took a spirited stride towards supporting breast cancer awareness while bringing valuable information to the Yamacraw constituency.

Present for the event was Minister Zane Lightbourne, constituency leaders and cancer survivors with unified messages that, "prevention is the key" underscoring the significance of early detection, healthy lifestyles, regular screenings, and education about the disease of cancer. Attendees were encouraged to take proactive measures like self-exams and mammograms, which reduces their risk of breast cancer and improves their chances of early diagnosis and successful treatment.

Similarly, NIB's public relations team, lead by spokesperson Tonique Williams, encouraged attendees to take proactive steps toward securing their financial well-being by understanding their contributions and benefits to ensure that they have access to the necessary financial support when they need it most, whether it is for medical expenses, retirement, or other life events. Board Members, Daniel Thompson and Theressa Thompson led the NIB team, along with dedicated customer service staff.

Both messages ultimately empower individuals to make informed choices and take proactive steps that lead to better outcomes – whether it is preventing a health crisis like breast cancer or securing financial stability through social security benefits. In both cases, knowledge and proactive behavior are essential for a brighter and healthier future.

   
   
   
   
   

 

 
   
   
   
   
   


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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.