The NIS pays its pensioners every 4 weeks, not monthly. The payments are issued for thirteen 4-week periods each year for those paid by lodgement to banks and credit unions, or twenty-six 2 week periods for those receiving cheques through the mail. The NIS urges its pensioners who already have bank and credit union accounts to make the switch from cheques to lodgement and gain immediate access to ALL your monies. There is no penalty for switching.
If you have any queries, please call our PBX at 431-7400, Contact Centre at 467-4647 or e-mail us at customer.service@bginis.gov.bb. Please see the link to the application form here: https://www.nis.gov.bb/digital-forms/banking-details/.
11 thoughts on “Direct Deposit & Pension”
Re: Rose-Marie Rapley – NIS 132188 National Registration # 570407-0068
I opted of early retirement Pension in September 2019 and have been receiving pension from January 2020.
This was because I was leaving the Island for an extended stay in the USA , before I left I filled out a form to have my pension paid directly to my bank account, however, I started receiving the pension cheques instead of direct deposit. Unfortunately, I left the form signed by myself and the Bank Manager on the Customer Service Desk with the Glass screen and obviously it got misplaced, so I just left the situation as is.
I recently got an NIS letter asking persons to consider having the pension go directly to their banks. I would very much like to do this but as I am now residing in the USA and cannot get back anytime soon (COVID-19) I would like some advice on how I can get this done.
Your advice would be greatly appreciated.
Best Regards
Rose-Marie Rapley
How long will it take for myour father-in-law to make the switch from receiving cheque to getting it directly to his bank account
Hello,
This online form link does not work, https://www.nis.gov.bb/digital-forms/banking-details/, it leads to an error page.
I will like to have my pension switched to another institution . What is the procedure for obtaining the switch.
Thank You.
Please Send Me the Direct Deposit Pension Application Form by Mail . I will fill out the details & get the Bank Stamp placed on it ; Then I could Fax it back to Your Department . Thank You
My Address :
331 Saratoga Avenue Apt#2 Q ,
Brooklyn NY 11233 ,
USA .
I have sent in My Electronic Pension Transfer Form to Portaladm@bginis.gov.bb
Please let Me know if You received it Thank You .
I am waiting to hear from Your Portal .Thank You .
I will be Grateful for Your update on this process . ThankYou .
I have applied for my pension to be paid by direct deposit but I am still receiving cheques
How long it takes your pension money five months or six months