National
Residents React: “It’s Going To Be A Big Blow For Us”
NASSAU, BAHAMAS – It’s official, the NIB rate increased by 1.5 percent starting July 1. But how do residents feel about the increase?
NASSAU, BAHAMAS – It’s official, the NIB rate increased by 1.5 percent starting July 1. But how do residents feel about the increase?
Last year, the government warned the public that contribution rates to the National Insurance Board are going up by 1.5 percent in an effort to save the NIB fund from depletion.
This gentleman, who wished to remain anonymous, called it a necessary evil. Some residents are seemingly apathetic, saying there’s nothing that can be done. When asked if they feel it could put more of a financial strain on Bahamian families, Mervin Jones, a retired contractor, said it’s possible but necessary.
There has also been some concern over employers feeling the need to cut down on the number of employees as a result of the increase. One resident said she doesn’t feel that would help business owners. Another gentleman is worried about that potential outcome.
Pinewood Kiwanis Hosts 5th Annual Easter Egg Hunt
What Happens When A Pope Dies?
Catholic Church, Local Leaders React To Pope’s Death
WSC Moving To Monthly Billing And Smart Meters
Pope Francis Passes Away On Easter Monday
Relay Triumph Leads Team Bahamas Into Final Day
-
National2 days ago117 Foreign Nationals Apprehended In Enforcement Operations
-
National8 hours agoWSC Moving To Monthly Billing And Smart Meters
-
National2 days agoYoung Entrepreneur: “Everyday I Do It For My Mom”
-
National2 days agoThe Traveling Message Of Hope
-
National2 days agoJavelin Throwers Win Four Medals On Day One
-
Sports1 day agoStrong Start In The Field On Day 2
-
National2 days ago“We’re Opening The Doors To Hope, Healing, And Justice”
-
National1 day ago“The Resurrection Of Jesus Christ Is God’s Eternal Promise To Us”