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NIB Welcomes New Chairman

NIB Welcomes New Chairman

11/25/2016 10:14:03 AM

The National Insurance Board welcomes Mr. Felix Stubbs, MBE, D.H.L. as the new Chairman with effect from November 1, 2016.

Mr. Stubbs was the former President and General Manager of IBM Bahamas Ltd., a position he held for over 32 years.  He has served in various capacities on government, non-governmental, civic and charitable committees in pursuit of the wholesome development of The Bahamas.  In 2014, Mr. Stubbs was appointed as Chairman of the National Development Plan Steering Committee, a Committee whose mandate is to create a 25-year strategic plan for the development of the Commonwealth of The Bahamas.

Mr. Stubbs has twice served as a Member of the National Insurance Board, during the years 1983, and 2001-2003, and now returns to serve in the capacity of Chairman of the Board.  


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Extended hours of operation this weekend at NIBs Jumbey Village Local Office
The National Insurance Board remains committed to continuous improvement of service delivery, and to meeting – indeed, exceeding – customers' expectations. In this regard, the public is advised that on Friday, November 6 and Saturday, November 7, NIB will extend its hours of operations at its Jumbey Village Local Office, located in the Clifford Darling Complex on Blue Hill Road. Persons who recently claimed and qualified for Unemployment Benefit, including those recently laid off from Bahamar, are encouraged to take advantage of these extended hours to collect their Unemployment Benefit payments. The extended hours of operation are 5 p.m. to 8 p.m. this evening, and 9 a.m. to 2 p.m. tomorrow.
IMPACT OF MINIMUM WAGE ON NATIONAL INSURANCE CONTRIBUTIONS
The Government of The Bahamas has announced that there will be an increase in the Minimum Wage effective August 15, 2015. In this regard, the National Insurance Board advises employers that for all workers impacted by the change in the minimum wage, there will be a corresponding increase in contribution payments for the month of August and thereafter.