News

News

Fake Ad

Fake Ad

8/13/2024 4:06:11 PM
Every 2 years, based on the 2010 Amendments to the National Insurance Regulations, there is an automatic increase to the insurable wage ceiling, pensions and specified grants. The most recent increase took effect on July 1, 2024, and is based on the change in the retail price index in the two previous calendar years.

This increase of 5% to pensions will be reflected in October 2024 pension payments, along with retroactive payments from July of this year.



Comments (0) Add Comment Add Comment
Name

Comment
Captcha
Enter the code from the picture
Direct Deposit Notice
Direct Deposit Notice
5/13/2016 10:32:12 AM
Direct Deposit payment available for all short term benefits.
IAS Enhancements
IAS Enhancements
4/14/2016 12:19:13 PM
The National Insurance Board is pleased to announce several new changes arising from the completion of Phase II of its new Insurance Administration System.
System Offline March 10, 2016
System Offline March 10, 2016
3/9/2016 12:56:12 PM
Services will be carried out manually between March 10 and March 30, resulting in some delays.
System Offline March 10, 2016
System Offline March 10, 2016
3/9/2016 11:15:31 AM
We're Modernizing our system to better serve you.
Extended hours of operation this weekend at NIBs Jumbey Village Local Office
The National Insurance Board remains committed to continuous improvement of service delivery, and to meeting – indeed, exceeding – customers' expectations. In this regard, the public is advised that on Friday, November 6 and Saturday, November 7, NIB will extend its hours of operations at its Jumbey Village Local Office, located in the Clifford Darling Complex on Blue Hill Road. Persons who recently claimed and qualified for Unemployment Benefit, including those recently laid off from Bahamar, are encouraged to take advantage of these extended hours to collect their Unemployment Benefit payments. The extended hours of operation are 5 p.m. to 8 p.m. this evening, and 9 a.m. to 2 p.m. tomorrow.
IMPACT OF MINIMUM WAGE ON NATIONAL INSURANCE CONTRIBUTIONS
The Government of The Bahamas has announced that there will be an increase in the Minimum Wage effective August 15, 2015. In this regard, the National Insurance Board advises employers that for all workers impacted by the change in the minimum wage, there will be a corresponding increase in contribution payments for the month of August and thereafter.

News

Pay NIB