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NIS Pays $123.2 Million to over 32,000 Unemployment Benefit Claimants

During the period March 23, 2020 to October 16, 2020 the National Insurance Scheme (NIS) paid $123.2 million to 32,003 unemployment benefit claimants. Acting Director of the NIS, Jennifer Hunte confirmed the following unemployment benefit payments update: UNEMPLOYMENT BENEFIT PAYMENTS Year 2020 2019 2018 2017 Period Mar 23 – October 16 Jan – Dec Jan […]

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NIS Pays $117.8 Million to over 31,000 Unemployment Benefit Claimants

During the period March 23, 2020 to September 30, 2020 the National Insurance Scheme (NIS) paid $117.8 million to 31,710 unemployment benefit claimants. Acting Director of the NIS, Jennifer Hunte confirmed the following unemployment benefit claims update: UNEMPLOYMENT BENEFIT CLAIMS Year 2020 2019 2018 2017 Period Mar 23 – Sept 30 Jan – Dec Jan

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NIS Pays $108.6 Million to over 31,000 Unemployment Benefit Claimants

During the period March 23, 2020 to September 18, 2020 the National Insurance Scheme (NIS) paid $108.6 million to 31,055 unemployment benefit claimants. Acting Director of the NIS, Jennifer Hunte said the number of claims received during that period exceeded the total combined claims of the previous three years: UNEMPLOYMENT BENEFIT CLAIMS Year 2020 2019

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NIS Pays $70.6 Million to approximately 29,000 Unemployment Benefit Claimants

In the four months following the shutdown of the economy due to the impact of Covid-19, the National Insurance Scheme (NIS) paid $70.6 million to approximately 29,000 claimants for unemployment benefit. Acting Director of the NIS, Jennifer Hunte said the number of termination certificates received during that period represented approximately three years of unemployment benefit

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Employers, here is how to submit your Earnings Online

The National Insurance Office has just added a new feature to the Barbados Social Security Internet Service. Employers can now submit an electronic earnings file generated from the payroll package. The new facility also allows employers to access a pre-filled as well as a blank earnings schedule and submit them. Please note however that after

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NIS Pensioners can deposit pensions to banks and credit unions

NIS pensioners can have their pensions deposited to their bank and credit union accounts. Your pension can be issued for a four-week period instead of the two-week intervals to which you are accustomed. Please ensure that you complete the NIS Direct Deposit form with the correct bank or credit union account information. The form can be

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