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Local Government Month recognized by GB government agencies
Administrators and staff members of various government agencies gathered on Friday (March 8) morning at the National Insurance Board building in Freeport, Grand Bahama, in recognition of Local Government Month.
Prime Minister: I Can't Confirm What the Increase Will Look Like
NASSAU, BAHAMAS - Back in June of last year, Prime Minister Philip Davis announced that a National Insurance Board rate increase will come on stream this July.
Gibson retains Knight to be his lead attorney
Gibson retains Knight to be his lead attorney
FORMER Labour and National Insurance Minister Shane Gibson has retained Jamaican attorney Keith Knight, QC to be his lead attorney in his upcoming bribery trial, it was revealed yesterday...
Heavy Rain Alert: Friday 6.30pm-7.15pm
Hurricane Supply Checklist
Hurricane Supply Checklist
Hurricane Supply Checklist
Where there?s a hurricane fast approaching, safety should be first thing on your mind. Be prepared to act quickly by gathering everything your family might need ahead of time.
NIB deficit 'cut by 61%' after rate hike
NIB deficit 'cut by 61%' after rate hike
THE National Insurance Board took 300 people to court for failing to pay NIB contributions last year -- a 12 per cent increase over 2022 -- and expects its deficit to drop by 61 per cent once contribution rates increase in July.
Deputy Director: Without An Increase, There Will Be A Deficit
NASSAU, BAHAMAS - The clock is ticking to an "across-the-board" increase in National Insurance; come July first contributions go up 1.5%.
Multiple fiscal failures found in Bahamas Jubilee games audit
UNAUTHORISED vehicle purchases and salary increases, misuse of petty cash, and a failure to pay National Insurance Board (NIB) contributions are some of the fiscal shortcomings highlighted in the Office of the Auditor General's examination of last year's Bahamas Jubilee Games.
NIB rate increase revealed
NIB rate increase revealed
NASSAU, BAHAMAS- The long-awaited announcement on the increased rate for national insurance contributions was made today by the minister with responsibility for NIB, Alfred Sears. Sears revealed an increase of 1.5 percent beginning in July of this year and a 1.5 increase every two years following. This he said allows the fund to be maintained [...]
BPSU 'We Will Be Impacted By NIB Contribution Increase
NASSAU, BAHAMAS – Bahamas Public Services Union (BPSU) President Kimsley Ferguson raised concern Monday morning that the proposed 1.5 per cent increase in the National Insurance Board (NIB) contribution, which is set to take effect July 1st 2024, could impact his members specifically those on the lower end of the pay scale. Ferguson added that [...]