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New Providence Blood Drive: Staff Pre-Registration Event
News
Customer Service Day - October 7, 2024
10/11/2024 11:01:53 AM
On October 7th, the National Insurance Board marked its 50th Anniversary. This Golden Jubilee coinci...
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Coming soon: NIB’s C-10 EzSUBMIT & PAY Mobile App!
10/10/2024 12:12:10 PM
One of several technology upgrades this year - the C-10 EzSUBMIT & PAY Mobile Application will revol...
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Public Notice: Temporary Office Closure Due to the effects of Hurricane Milton
10/10/2024 5:16:46 AM
The National Insurance Board wishes to advise the public that the offices located on the islands of ...
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Public Notice: Temporary Office Closure - Due to the effects of Hurricane Milton.
10/9/2024 1:16:51 AM
The National Insurance Board wishes to advise the public that the Bimini Local Office will be CLOSED...
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50th Anniversary Service of Thanksgiving and Praise
10/8/2024 3:13:00 AM
The National Insurance Board (NIB) family gathered at the historic Grants Town Wesley Methodist Chur...
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New Providence Blood Drive: Staff Pre-Registration Event
2/16/2024 3:23:48 PM
As the ultimate show of love this Valentine's Day, staff of NIB were invited to pre-register for the upcoming NIB's Road to 50 Blood Drive, which will be held on Thursday February 22nd, 2024 between the hours of 10:00am-3:00pm at NIB Headquarters-Baillou Hill Road.
This event will be open to the general public. Treats and prizes are available to participants.”
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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.
JOINT STATEMENT BY THE NATIONAL INSURANCE BOARD AND THE BAHAMAS PHARMACEUTICAL ASSOCIATION
5/12/2010 4:49:00 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.
The National Insurance Board Press Release on Unemployment Benefit
3/4/2010 7:43:45 AM
Prime Minister the Right Honourable Hubert Ingraham this week approved the request from the National Insurance Board (NIB), to close out the interim phase and begin the next, permanent phase of the Unemployment Benefit with effect from June 1, 2010. His authorization is in accordance with the Unemployment Benefit Regulations which allow for the Minister with responsibility for National Insurance to advise on the effective date of the permanent phase of the approved program. This new phase will afford unemployed workers the same level of coverage and benefit provisions as the interim phase, but with different qualifying conditions, and a modest increase in contributions.
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