The National Insurance and Social Security Service (NISSS) advises that it will be administering the payment of pensions, previously paid by the Treasury Department to retired public sector workers with effect from January 2024. Payments will be issued monthly via cheque or direct deposit to bank and credit union accounts. Following are the dates for […]

INCREASE IN EARNINGS CEILING AND BENEFITS The National Insurance and Social Security Service (NISSS) would like to advise employers, employees and self-employed persons of the following increases to its Insurable Earnings Ceiling and Benefits. All changes took effect on 1st January 2024. Insurable Earnings Ceiling Effective, the maximum insurable earnings are: Monthly paid workers                                  $5,200               

It’s Easier for Self-employed Persons! More Flexibility! More Benefits! Registration Please note you are required to register with the NISSS as a self-employed person. Even if you have an employer, you can still register and pay additional contributions if your income is less than the current earnings ceiling of $1,201 per week or $5,200 per