Latest News
Public Notice – Temporary Office Closure – Due to the effects of Hurricane MelissaOctober 28, 2025The National Insurance Board wishes to advise the public that due to the effects of Hurricane Melissa, and on advisement from the Department of Meteorology, the following offices CLOSED on Tuesday, October 28, 2025 at 1:00 p.m.Read More...
PUBLIC NOTICE – PRESCRIPTION REFILLSOctober 28, 2025The National Prescription Drug Plan (NPDP) wishes to advise that due to Hurricane Melissa, beneficiaries in the following islands can get a two-week supply of their medications refilled:Read More...
An Important Update Regarding the NIB October 2025 Pension PaymentOctober 18, 2025The National Insurance Board (NIB) sincerely apologizes for the delay in the deposit of your October 2025 pension payment, which was expected on Friday, October 17, 2025.Read More...
Finance
The National Insurance Fund comprises trust funds, belonging to the National Insurance Board’s contributors; the trusteeship principles of safety, yield and liquidity apply to all investments of the Fund. Hence, all investments of the Fund are required to meet these criteria. The Fund must be invested so as to adequately meet both the present and future cost of benefits and assistance.
Total reserve investment can be categorized as either cash or non-cash investments. The total income of the National Insurance Programme is spread between different reserves to allow for payment of benefits and assistances under various categories, and all Fund investments are spread between short, medium and long-term placements so as to match corresponding future benefit obligations.
Categories of investments are as follows:
- Bahamas Government Registered Stock;
- Treasury Bills;
- Bank Deposits;
- Long-term bonds/loans to quasi-government corporations;
- Equity investments; and
- Net investment in direct financing lease.
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