Employees - Contribution Rates

The Guide to Benefits booklet provides information on the wide range of benefits the NIS offers. Download it here or collect a copy from the NIS.

Introduction

Since January 1, 2005 the national insurance contribution rate was increased by 1%. This rate is being shared equally between yourself and your employer. Your employer pays 0.5% and the other 0.5% is deducted from your earnings and paid on your behalf.

Use the links below to see the current contribution rates for the following:

Foreign Embassies – “B”
Foreign Service Help – “V”
Government Permanent Employees – “P”
Government Temporary Employees – “T”
Private Sector Employees – “R”
Apprentices – “A”
Self-Employed
Voluntary Contributors – “Z”
Over 65 or Under 16 – “E” Private
Over 65 or Under 16 – “I” Government


Related Links

TVET Council

International Labour Organisation

Barbados Workers’ Union

National Union of Public Workers

Barbados Union of Teachers