News

News

NIB Contributions Regulations Relative to Hospitality Workers & Pensionable Civil Servants

6/9/2011 6:08:00 AM
For the information of affected persons and the general public, the National Insurance Board wishes to advise that implementation of the July 2010 amendments to the National Insurance Contributions Regulations relative to hotel/hospitality workers, and Pensionable Civil Servants  will no longer happen on July 1, 2011, as previously announced; the amendments are now scheduled to take effect on July 1, 2013. These two amendments will be the last of a package of changes, approved by Parliament last year, to take effect. They are aimed at providing better coverage to more workers of the country.

Click here to read the full news release
Comments (0) Add Comment Add Comment
Name

Comment
Captcha
Enter the code from the picture
NIB Urges Employers to File C10 Contribution Statements For Quick Benefit Payments
The National Insurance Board (NIB) is appealing to employers who have not recently filed their contributions statements (C10s) and have laid off staff to file the C10s as soon as possible so that the Unemployment Benefit (UEB) can be paid quickly.
NIB Partners With Suncash to Pay Government Assistance For Self-Employed
The National Insurance Board has partnered with SunCash, a regulated Supervised Financial Institution, Non-Bank Money Transmission Service Provider, to provide innovative, safe and timely payment option(s) .......
NIB Makes More Than 11 Thousand Unemployment Benefit Payments
The National Insurance Board has paid the claims of 11,662 persons who have lost their income as a result of COVID-19 amounting to just over $5.4 million for the first two-week payment of the unemployment benefit (UEB).
NIB Contribution Payment Options for Employers
For Customers Paying By Credit Card, Cheque, and Online.
Government Unemployment Programme For Self-Employed Persons
Given the unprecedented impact of COVID-19 on the Bahamian economy, the Government of the Bahamas has launched a new Unemployment Assistance Programme for Self-Employed (Sole Entrepreneur)...
NIB Concludes Payment Arrangements With Several Companies to Expedite Unemployment Benefit (UEB) Payments
The National Insurance Board is pleased to advise that a number of the processes have been innovated to rapidly get Unemployment Benefit (UEB) payments to claimants, and is concluding agreements with several companies which would allow for the expedited payment of the UEB, for an initial four weeks, or longer if necessary.