Latest News
Boots on the Ground…NIB is coming to YOU!June 25, 2025Our Inspectors are on the move—bringing compliance directly to your doorstep! Meet your Inspector, and get to know them!Read More...
It was a pleasure to welcome Dr.Tami Francis, Director of the National Insurance Board of The BahamasJune 16, 2025It was a pleasure to welcome Dr.Tami Francis, Director of the National Insurance Board of The BahamasRead More...
Public Notice: Public Service Announcement – Uncollected NIB CardsMay 30, 2025The National Insurance Board (NIB) advises that many new and renewed NIB cards remain uncollected at local offices throughout The Bahamas.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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