News

News

National Insurance (NI) Insurable Wage Ceiling Adjustment

National Insurance (NI) Insurable Wage Ceiling Adjustment

6/11/2024 2:57:47 PM
What is the NI Insurable Wage Ceiling Adjustment ?
The adjustment (increase) in the insurable wage ceiling is based on the change in the retail price index and change in salaries paid over the two previous calendar years plus 2%. The first automatic increase occurred in July 2014 and occurs every two years. 

Comments (0) Add Comment Add Comment
Name

Comment
Captcha
Enter the code from the picture
NIB Minister Introduces Board Members and Executive Management
NIB Minister Introduces Board Members and Executive Management
George W. Weech Complex, Officially Opened in Bimini
The completion of the George W. Weech Complex in Alice Town, Bimini marks the 14th lease agreement NIB has negotiated with the Government of The Bahamas for the provision of much needed office spaces for public service workers.
ESS Pay Online
ESS Pay Online
10/29/2021 3:08:00 PM
ESS Pay Online
Covid-19 Safety Protocols
Covid-19 Safety Protocols
10/28/2021 3:38:41 PM
Covid-19 Safety Protocols
NIB Welcomes New Minister
NIB Welcomes New Minister
10/26/2021 10:00:43 AM
The National Insurance Board (NIB) welcomed Minister of State in the Office of the Prime Minister Myles LaRoda on Wednesday
Employer Self-Service Campaign
Employer Self-Service Campaign
9/2/2021 12:00:00 PM
Take control...Do it yourself...