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BIENNIAL ADJUSTMENTS, Effective July 1, 2022

BIENNIAL ADJUSTMENTS, Effective July 1, 2022

7/4/2022 9:51:09 AM
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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.