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Gregory Collie Gets NIB Directors Award
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Gregory Collie Gets NIB Directors Award
2/5/2010 9:40:17 AM
Last year, staff of the National Insurance Board (NIB) embraced the slogan “Excellent Customer Care Starts With ME!” At NIB’s 2010 Leaders Conference, held on Paradise Island in January, Director Algernon Cargill told leaders that the focus of this excellent care must not be limited to the external customer, but should be directed to the internal customers as well. To demonstrate his administration’s commitment to promoting the wellbeing of the internal customer – NIB staff – he announced a number of initiatives, including the establishment of a “Director’s Award” which would annually honor those individuals whose outstanding achievements, dedication, leadership, customer service and expertise would have made a significant impact on the organization and its mission over the previous year.
Upon announcing the initiative, Director Cargill presented the first ever Director’s Award to Gregory Collie, Senior Manager responsible for the Special Compliance Unit, hailing him as a consummate team player, whose stewardship and commitment to excellence advanced the objectives of NIB in 2009.
Collie led the reorganization and consolidation of the Compliance and Special Compliance Units into the Inspectorate unit, which was NIB’s first initiative to centralize those key processes. This effort produced excellent results, inclusive of record contributions for 2009 of some $160.3 million. He also led the initiative to increase employer compliance and in cases where there was unwillingness to settle NIB outstanding contributions, recommendation of the prosecution of delinquent employers.
Greg Collie has been employed with NIB since September 22, 1986, when he joined the ranks of Inspector. On January 1, 1990, he was promoted to Assistant Manager of the Inspectorate; on April 8, 1995, he was promoted to Manager of Compliance; on December 1, 2004, he was promoted to Senior Manager assigned to the Wulff Road Local Office; from January 1, 1999 to January 1, 2000, he managed the Grand Bahama Offices as Regional Manager.
Director Cargill thanked Collie for his work ethic, passion, dedication and persistence. He also encouraged other NIB leaders to continue to strive for excellence.
Photo Caption: Greg Collie, Senior Manager in charge of the National Insurance Board’s Special Compliance Unit, was awarded the first ever Director’s Award at the start of the 2010 Leaders Conference in January. He is pictured (center) flanked by Algernon Cargill, Director and Richenda King, Vice-President for Human Resources and Training.
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Changes to NIB Contributions and Regulations
12/30/2010 4:39:00 AM
Higher Insurable Wage Ceiling Contributions (for both the employer and the employee) in respect of the employee who makes more than $400 per week has increased. While the rate of contributions remains the same, the new wage ceiling is $500 per week/$2,167 per month. For weekly paid persons, the first salary deduction at the higher rate will be for the pay period in which January 3 falls.
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 –
NIB Notice Summer Students Exemption
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
For the first time since the National Insurance programme started in 1974, the rate of contribution payments will be increased for employed persons. Beginning June 1, 2010, the rate will be increased by 1% – one half percent (.50%) to be paid by the employer, and one-half percent (.50) to be paid by the employee. This means that the current rate of 8.8%, shared 5.4% for employer and 3.4% for employee, will change to 9.8%, shared 5.9% for employer, and 3.9% for employee. This translates to a maximum weekly increase of $2 for the employer and $2 for the employee.
Direct Deposit
5/19/2010 7:30:11 AM
In February 2006, the National Insurance Board (NIB) began the initiative to have all long-term benefit and assistance payments deposited directly into pensioners’ bank accounts. Apart from the efficiency gained as a result of the direct deposit, NIB considered the initiative to be a significant step forward in ensuring that the actual process of paying pensions and assistance payments was more humane and individualized, as well as confidential.
Joint Statement by NIB and The Bahamas Pharmaceutical Association
5/12/2010 6:05:32 AM
The National Insurance Board and The Bahamas Pharmaceutical Association announced on Thursday that they are working together to successfully launch the National Prescription Drug Plan (NPDP) in August of this year.
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