The NIS wishes to advise that the 16th Actuarial Review was laid in Parliament in March 2021. It is available on our website and can be found by clicking Actuarial Reviews under the Documents tab or https://www.nis.gov.bb/actuarial-reviews/.
The 16th Actuarial Review of the National Insurance Fund, Unemployment Fund and Severance Fund covers the triennium January 1, 2015 to December 31, 2017 and also includes comments on the “subsequent events experience” up until 2019.
The National Insurance Scheme (NIS) has secured the permission of the Central Bank of Barbados (CBB) to acquire US$40 million to invest in international markets
Ministerial Statement on the Revitalisation of the National Insurance Scheme by Hon. Colin E. Jordan, M.P., Minister of Labour, Social Security and the Third Sector
When submitting December earning schedules and payments, please change the year to 2022.
NIS Earnings CeilingThe National Insurance Office advises employers, employees and self-employedpersons that effective 1 st January 2023, the maximum insurable earnings formonthly paid workers will
