Search results for : actuarial
Actuarial review of BTC pension plan underway
July 23, 2019
Actuarial review of BTC pension plan underway
An actuarial review of the Bahamas Telecommunications Company’s (BTC) pension plan is underway, Deputy Prime Minister Peter Turnquest said yesterday, adding that the government continues to determine the way forward on the multimillion-dollar liability...
November 25, 2015
Medical Association members call for NHI 'actuarial review'
Members of the Medical Association of The Bahamas (MAB) have called for an actuarial review of the entire proposed National Health Insurance (NHI) scheme before implementation begins in January 2016, echoing concerns raised by accounting stalwart PricewaterhouseCoopers (PwC) that "the cost of NHI, the funding of those costs, the utilization levels of the health system and the overall governance of...
Minister Sears updates on Immigration and National Insurance - steps to increased efficiencies
March 13, 2024
Minister Sears updates on Immigration and National Insurance - steps to increased efficiencies
Immigration and National Insurance: “These two critical institutions play key roles in the fabric of our nation and touch the lives of every Bahamian, permanent resident, investor, expatriate worker, and tourist in the Bahamas,” said the Hon. Alfred Sears, Minister of Immigration and National Insurance. Minister Sears was making his contribution to the mid-year budget on Thursday, March 7, 20...
Minister Alfred Sears - Mid-Term Budget Contribution - Ministry of Immigration and National Insurance
March 08, 2024
Minister Alfred Sears - Mid-Term Budget Contribution - Ministry of Immigration and National Insurance
Mr. Deputy Speaker,
Honorable Members of the House of Assembly
ABMS candidates wait with bated breath
July 31, 2023
ABMS candidates wait with bated breath
The candidates that have met the qualifications for the All Bahamas Merit Scholarship (ABMS) are waiting with bated breath to see who will be awarded the prestigious $140,000 scholarship.
July 17, 2023
'Diversity' in All Bahamas Merit Scholarship applicants
Twenty-two candidates - 12 males and 11 females - have been interviewed by the All Bahamas Merit Scholarship (ABMS) Committee, with each having the opportunity to be awarded $140,000 ($35,000 per year) in scholarship money intended for undergraduate studies, tenable at accredited international colleges and universities.
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.
NIB rate hike set for July 2024
June 07, 2023
NIB rate hike set for July 2024
Prime Minister Philip Davis announced in a press statement yesterday evening that a rate increase for the National Insurance Board (NIB) will take place in July 2024, but did not reveal the amount of that increase.
PM: NIB RATE TO RISE - BUT NOT FOR A YEAR: Davis announces July 2024 date but not size of increase
June 07, 2023
PM: NIB RATE TO RISE - BUT NOT FOR A YEAR: Davis announces July 2024 date but not size of increase
THE National Insurance Board may lose nearly $100m this year now that Prime Minister Philip "Brave" Davis confirmed there would be no contribution rate increase until July 1st, 2024, deepening the fund's woes.
Pintard wants more answers on NIB hike
June 07, 2023
Pintard wants more answers on NIB hike
Free National Movement (FNM) Leader Michael Pintard said last night that the prime minister must provide the specifics surrounding the decision to increase the rate for the National Insurance Board (NIB).
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