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...
NASSAU, BAHAMAS - Nearly one year after an actuarial review called for immediate action and a rate increase for the National Insurance Board, State Minister responsible...
NASSAU, BAHAMAS - The National Insurance Board is paying out “considerably less” than in the past, according to State Minister in the Office of the Prime...
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.
