Search results for : pension
January 04, 2024
Govt issues public reminder of verification process for pensioners
A public notice has been issued reminding people of the verification process for pensioners.
March 01, 2024
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 [...]
Public Notice For Pension Verification
January 04, 2024
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.
Pinder: I only left union 'to get pension'
April 21, 2023
Pinder: I only left union 'to get pension'
FORMER Labour Director John Pinder said he only left union leadership for a government job to collect a pension and now wants to return as the Bahamas Public Services Union president.
October 07, 2021
UPDATED: Govt promises to increase pensions, enhance social assistance
THE government has promised to increase pensions for the elderly and raise benefits for the disabled community as a part of its plan to improve social assistance.
October 06, 2021
SPEECH FROM THE THRONE: Govt promises to increase pensions, enhance social assistance
THE government has promised to increase pensions for the elderly and raise benefits for the disabled community as a part of its plan to improve social assistance.
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...
October 19, 2016
IMF: Caribbean pension funds 'unsustainable' without reform
An International Monetary Fund (IMF) working paper has asserted that population aging is among a number of unfavorable demographic trends influencing long-term projections which say pension schemes have become "unsustainable" in the Caribbean.
May 19, 2016
Parliament passes bill to allow officials to designate pension beneficiaries
PARLIAMENTARIANS yesterday passed the Pension Amendment Bill 2016 to make provisions for public and non-public officials to designate beneficiaries for their pensionable emoluments.
Amendments to pension, public service legislation
April 27, 2016
Amendments to pension, public service legislation
Amid the "sturm und drang" of the proceedings in the House of Assembly this week, three pieces of legislation may have gone unnoticed: Amendments to the Pensions Act, the Building Regulation Act and the Public Service Act were tabled in the House of Assembly.
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