Benefits and Assistance
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Official Gazette Prescription Drug Fund Act 2009
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Benefit & Assistance
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Benefits and Assistance
Notice: Office closures and benefit cheque collection in New Providence and Grand Bahama
8/12/2020 2:58:29 AM
The public is advised that the NIB Headquarters in New Providence and Freeport office locations have...
Online & Electronic Services
8/6/2020 10:54:56 AM
The public is reminded that NIB has suspended all face to face transactions with the exception of ch...
Millions Paid in Assistance as Government Rolls-out GovUEBex Programme
7/30/2020 11:54:01 AM
Millions in unemployment assistance payments continue to flow as the Government and its partners str...
First Payment Cycle for the GovUEBex programme
7/22/2020 2:26:25 PM
The first payment cycle for the GovUEBex programme will be processed on Thursday, July 23, 2020 for ...
GovUEBex PROGRAMME EXPANDS TO INCLUDE MORE ELIGIBLE PERSONS
7/21/2020 3:43:44 PM
The National Insurance Board, after consultation with the Ministry of Finance, is pleased to advise ...
Press Statement - NIB WILL LAUNCH NEW ONLINE PORTAL
7/17/2020 11:45:02 AM
On Monday, July 20, 2020 The National Insurance Board (NIB) will launch a new online portal for elig...
Pension Payments 2020
Contribution Rates & Ceiling
Registration and Contributions
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The National Insurance programme is a partner with employers in advancing the economic security of workers of The Bahamas. When employers pay contributions on behalf of workers, they are released from the obligation of paying full wages when employees are off sick or on maternity leave, and they are excused from liability when job-related injuries and diseases happen.
Businesses (employers) and self- employed persons are required to register with NIB within 10 working days of commencing operations. The employer/ self-employed are assigned a unique nine (9) digit number for the payment and recording of contribution payments.
To register Employers must:
Obtain a business license from the Department of Inland Revenue
Complete and submit Form R1 to the National Insurance Board
Show NIB Smart Card, another form of government identification or voter’s card at the time of registration
Contributions are to be paid monthly, and should be received into the Board by the 15th day of the month following the month they were due. Click
to read more.
Online Payments Instructions for Royal Bank of Canada Customers
NIB Contributions Payment Options for Employers
Contributions Rates and Ceilings
Employer Self Service Portal
The Employer Self Service (ESS) portal is a website where employers may logon from anywhere at anytime to manage their NIB accounts thus avoiding long lines and unnecessary trips to NIB. The ESS portal puts the employers in control and simplifies this process. Three key benefits experienced by employers who use the ESS portal are:
Employers will be able to submit C10 contribution forms directly into the system and eliminate the additional step of manual data entry by NIB personnel;
Employers can make contribution payments using a debit/credit card (Visa or Mastercard only); and,
Employers are able to manage their employee register.
Employers can sign up for the Employer Self Service portal (ESS portal), by emailing your request to
to be guided through the set-up process.
to see ESS Promotional ad.
Letter of Good Standing
A Letter of Good Standing is issued by the National Insurance Board (NIB) verifying that an Employer’s account is current and that NIB has no objection with issuing a letter stating that the Employer does not owe NIB. To obtain a Letter of Good Standing, an Employer must:
Register the name of the business with NIB;
Have a current account with the correct rate of contribution payments. Contribution payments must be paid for all employees;
Download the Contribution Status Letter Form which may be found on the NIB website:
Email the completed form to
or submit form at a local NIB office.
Processing time is 5 (five) business days. If collecting on behalf of an Employer, an authorization letter is required.
Brochures and Forms
Self Employed Brochure
Business Registration Form
Letter of Good Standing
Form B80 Lay-off Certificate / Termination of Service
RSS Member Login
B82 Unemployment Benefit Form
Contributions Rates & Ceiling 2020
NIB Value Added Tax TIN
Self-Service Facility Instructions
Employers can request Letters of Good Standing
Pay Contributions Online via RBC
2017 Annual Report
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9th Actuarial Review
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2005 SSRC Report
8th Actuarial Review
7th Actuarial Review