Search results for : Pension
Long queues for pension registration
Long queues for pension registration
PENSIONERS crowded outside the National Insurance Board's headquarters yesterday for pension verification before the January 15 deadline to avoid interruption in benefit payments.
Contributory Pension Bill In Final Review Stage
Contributory Pension Bill In Final Review Stage
NASSAU, BAHAMAS - Labour and the Public Service Minister Pia Glover-Rolle expects to have a new Contributory Pension Bill passed in Parliament by the summer.
Court of Appeal upholds former NIB director's pension benefit award
NASSAU, BAHAMAS — The Court of Appeal has upheld a Supreme Court judge's decision to award a former National Insurance Board Director seven years of pension benefits. NIB had appealed a decision of Justice Diane Stewart, who, in an April 28, 2023 ruling, determined that NIB "negligently misrepresented" to Rowena Bethel that she could participate [...]
Consultation for contributory pension for public sector employees to start this month
PRIME Minister Philip "Brave" Davis said public consultation on draft legislation to create a contributory pension plan for all public sector employees will begin before the end of this month as the government looks to tackle an issue the International Monetary Fund has long called unsustainable.
Govt issues public reminder of verification process for pensioners
A public notice has been issued reminding people of the verification process for pensioners.
Public Notice For Pension Verification
Public Notice For Pension Verification
The Acting Treasurer of the Commonwealth of The Bahamas advises all BahamasGovernment Pensioners, Parliamentary, Judicial, Official, World War 1 Veterans & Widows, Bahamas Widows’ & Orphans’ and Re-employed pensioners, whose pension payments are paid directly into their bank accounts that verification for the January 2024Verification Exercise commences January 2nd 2024.
Block on former Tribune editor's pension will be investigated, says NIB
NATIONAL Insurance Board chairman Philip McKenzie said the board will investigate former Tribune managing editor John Marquis' complaint that his pension payment has been blocked "for no good reason".
What are pension payments to former GGs costing us?
What are pension payments to former GGs costing us?
Dear Editor,In this our 50th anniversary year of independence and days after our Emancipation Day holiday, I am putting pen to paper to question what I consider to be a blaring anomaly. Why is it that we, in 2023, getting yet another replacement for the "House on the Hill" as the country's official representative of ...
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Draft legislation for a contributory pension plan to be soon made public
STATE Public Service Minister Pia Glover-Rolle said yesterday that a contributory pension plan will be presented soon to public sector unions for feedback.
Legislation to reform public service pension scheme nearing completion
NASSAU, BAHAMAS – State Minister for the Public Service, Pia Glover-Rolle yesterday noted that draft legislation for the much-anticipated reform of the public pensions scheme is nearing completion. In her address during the 2023/2024 budget debate in Parliament, Glover-Rolle revealed that the Ministry of Finance is actively exploring the implementation of a Contributory Pension Plan [....