NASSAU, BAHAMAS - Executives of The Public Managers Union signed a five-year industrial agreement Wednesday morning. PMU President, Cassandra Cartwright Lewis says while members are still...
The 2018 and 2019 annual reports of the National Insurance Board reveal delinquencies in loan payments to the social security fund.
According to the latest actuarial review, if NIB continues at its current payout rate the fund could be depleted within the decade.
Two financial managers weighing in on the conversation surrounding the NIB fund facing a projected depletion by 2028.
NASSAU, BAHAMAS - Following a revelation yesterday by State Minister in the Office of the Prime Minister Myles Laroda, the Prime Minister saying that the increase...
Taxpayers may have to pay out more soon as an increase in NIB contributions is on the horizon, as benefit payouts outpace contributions.
An overwhelming majority of National Insurance workers have agreed to strike, according to a recent vote by Public Managers Union members.
Minister responsible for the National Insurance Board Myles Laroda weighing in on a strike vote by NIB managers, saying it wasn't unexpected.
Negotiations between the Public Managers Union and the National Insurance Board remain at a standstill, government is speaking out.
NASSAU, BAHAMAS - Minister of State Myles Laroda has ordered recently executed contracts and hires at the National Insurance Board to be put on hold, pending...