Local News

NIB Pension & Contributions To Increase 

04 June 2026
This content originally appeared on ZNS BAHAMAS.

National Insurance Board (NIB) Director, Dr. Tami Francis announced increases to the insurable wage ceiling and benefits effective July 1st at a press event on Wednesday. Pensions will increase by 1.5% while the insurable wage will increase by $20 per week. Dr. Francis said, “the weekly insurable wage ceiling will increase from $810 to $830. […]