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. […]