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Merry ChristmasDecember 24, 2025Thank You from The National Insurance Board.Read More...
Season’s Greetings from The Management and Staff of The National Insurance Board.December 24, 2025HOLIDAY OFFICE HOURS:Read More...
It’s Day 3 and NIB is still Ringing For The CauseDecember 17, 2025Executives and staff of National Insurance Board of The Bahamas are continuing to proudly ring the bell in support of The Salvation Army's Red Kettle Bell fundraiser...Read More...
Assistance Payment
Old Age Non-Contributory Pension, commonly called “Old Age Pension,” is a payment made monthly to needy Bahamian residents age 65 years or older, who do not meet the contribution conditions for Retirement Benefit.
Survivors’ Assistance is a monthly payment made to the needy surviving dependents of an uninsured deceased breadwinner. It is paid in the same priority order as Survivors’ Benefit.
Invalidity Assistance is a monthly payment made to an individual who has been certified by a medical practitioner to be permanently incapable of work due to illness.
Sickness Assistance is a weekly benefit paid to an individual who:
- is temporarily unable to work due to illness; and
- has paid at least one contribution, but not enough to qualify for Sickness Benefit.
In the case of all assistances, applicants must satisfy a stringent test-of-resources in order to qualify.
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