Search results for : laroda
NIB MAY INCREASE EVERY TWO YEARS: Laroda doesn't confirm size of rise . . . but says it's small price to pay
June 21, 2023
NIB MAY INCREASE EVERY TWO YEARS: Laroda doesn't confirm size of rise . . . but says it's small price to pay
MYLES Laroda said the government is considering increasing National Insurance Board's contribution rate every two years for "a period of time" to stabilise the fund, noting next year's rate increase will be shared equally between employees and employers.
June 15, 2023
LaRoda informs House Members of efforts to address Exuma flooding
Minister of State in the Office of the Prime Minister, the Hon. Myles LaRoda, Monday applauded the efforts of disaster risk managers and emergency response personnel on the ground in Exuma in the wake of the severe flooding that has impacted parts of the mainland.
June 14, 2023
Interest from vendors to provide NIB with ATMs, says LaRoda
There has been interest from vendors to provide the National Insurance Board (NIB) with automated teller machines or cash machines to ease the burden of payment distribution by the board, Minister of State in the Office of the Prime Minister Myles LaRoda, who has responsibility for NIB, said yesterday. When asked if NIB is considering ...
The post Interest from vendors to provide NIB with ATM...
May 15, 2023
Minister of State LaRoda greets Major General Christopher Callahan in a Courtesy Call
Minister of State in the Office of the Prime Minister with responsibility for Disaster Risk Management and Emergency Response, the Hon. Myles LaRoda receives Major General Christopher P. Callahan of the Rhode Island National Guard in a courtesy call at Dockendale House, May 10, 2023.
Laroda says NIB not facing liquidity crisis
April 28, 2023
Laroda says NIB not facing liquidity crisis
MYLES Laroda, state minister with responsibility for the National Insurance Board, wants to assure the public that the NIB fund is not facing a liquidity crisis.
LARODA WARNS NIB RUNNING ON FUMES: He adds 'the first rate increase is not going to save the fund'
April 27, 2023
LARODA WARNS NIB RUNNING ON FUMES: He adds 'the first rate increase is not going to save the fund'
MYLES Laroda said the National Insurance Board fund is "basically running on fumes" and can only be stabilised when the contribution rate is increased by 1.5 per cent for the third or fourth time in the future.
Laroda again puts case for action on NIB funds
March 07, 2023
Laroda again puts case for action on NIB funds
MYLES Laroda, state minister with responsibility for the National Insurance Board, yesterday continued to advocate for increased contributions for the agency's fund to avoid an $98m loss this year.
Let's get real on NIB, Minister LaRoda
February 17, 2023
Let's get real on NIB, Minister LaRoda
Dear Editor, Minister of State in the Office of the Prime Minister with responsibility for the National Insurance Board (NIB), Myles LaRoda, has been talking a lot lately about increasing contributions of employers and employees in order to stabilize the NIB fund. That is an impractical proposition by itself in my view as the NIB ...
The post Let's get real on NIB, Minister LaRoda appeared f...
Laroda Addresses High Salaries at NIB
February 07, 2023
Laroda Addresses High Salaries at NIB
NASSAU, BAHAMAS - State Minister Myles Laroda told the media Tuesday that 12 executives receive $90,000, managers receive $58,000 and non-managerial positions receive an estimate of $32,000 annually.
The post Laroda Addresses High Salaries at NIB appeared first on Our News.
LaRoda: No decision yet on NIB contribution rate
October 25, 2022
LaRoda: No decision yet on NIB contribution rate
MYLES LaRoda, minister of state with responsibility for the National Insurance Board, says the agency is primed to lose about $70m this year but there has still not been a decision made concerning the NIB contribution rate.
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