NIS: Be Aware Of Fraudulent Cheque Activity

bgis Top Stories

The National Insurance Department is reminding businesses that before they disburse cash for National Insurance Scheme (NIS) cheques, they should enforce strict procedures to verify the validity of cheques and the identity of the recipients of the funds. The department issued this reminder today, and indicated that it had received reports of fraudulent activity involving pension cheques. “Businesses are cautioned …

Initial Results Of Domestic Debt Restructuring

bgis creditors, Top Stories

The Government of Barbados announced today the near-universal participation of affected creditors in the BBD Debt Exchange Offer that was launched on 7 September 2018. Although the Central Bank of Barbados (CBB) continues to reconcile tenders in its role as exchange agent for the transaction, preliminary estimates indicate that holders of more than 90% of eligible claims have accepted the …

Relocation Of NIS’ Unemployment Section

bgis Ministry News

Members of the public are advised that the National Insurance Scheme’s (NIS) Unemployment Bureau, located at the E. Humphrey Walcott Building, has been relocated to the Frank Walcott Building, Culloden Road, St. Michael, until further notice. Persons scheduled to visit the Bureau may conduct their business as usual between 7:30 a.m. and 3:30 p.m. The NIS apologises for any inconvenience …

National Insurance Scheme Staff Recognised

Joy-Ann Gill Top Stories

Several staffers were recognised last Saturday night when the National Insurance Scheme (NIS) hosted its 51st Anniversary Gala and Awards ceremony at the Lloyd Erskine Sandiford Centre. The event was held under the theme: Contribute Today to Secure Your Future. The employees received Great Employees Matter (GEM) awards for long service, customer service and academic achievements, among others. Commending the …

Labour Minister Supports NIS’ Efforts

Joy-Ann Gill Top Stories

The National Insurance Scheme (NIS) can count on the support of Minister of Labour and Social Partnership Relations, Colin Jordan, for its soon-to-be-launched awareness campaign that will encourage self-employed persons to use the coverage provided by the Scheme. This assurance was given by the Minister last Saturday as he addressed the 51st Anniversary of the NIS and GEM Awards Ceremony, …

Pay Your NIS Contributions

Joy-Ann Gill Top Stories

Pay your contributions to the National Insurance Scheme (NIS)! This was the fervent call made by Minister of Labour, Colin Jordan, to self-employed persons last Saturday night, as he addressed the 51st Anniversary of the NIS and GEM Awards Ceremony at the Lloyd Erskine Sandiford Centre. The event was held under the theme: Contribute Today to Secure Your Future. However, …

AG & NIS Chairman Clear Air On Fund

Julia Rawlins-Bentham Top Stories

Investments in Government projects from the National Insurance Scheme (NIS) are not a “free pass”. Attorney General, Adriel Brathwaite, made this clear as he sought to set the record straight over the NIS’ investment in the Citizen Security Facilities Project which involves the restoration and construction of police stations across the island. “The NIS receives a significant return on investment …

NIS – A Social Security Lifeline

Julie Carrington Top Stories

Minister of Labour, Social Security and Human Resource Development, Senator Dr. Esther Byer Suckoo, has reiterated her confidence in the National Insurance Scheme (NIS) and its comprehensive package of benefits. She heaped accolades on the National Insurance Department (NID) recently, during its gala and awards ceremony held at the Lloyd Erskine Sandiford Centre. Senator Byer Suckoo said she is reminded …

Review Of Proposals To Amend ERA

Julie Carrington Top Stories

Over the next few days, tripartite partners will undertake a review of proposals for amending the Employment Rights Act (ERA) to dispel the notion that the Act was one-sided in favour of employees. Minister of Labour and Social Security, Senator Dr. Esther Byer Suckoo, made this announcement last weekend while delivering the opening remarks at the National Insurance Scheme’s gala …

Strategic Plan For Insurance Scheme

Julie Carrington Top Stories

Although the National Insurance Scheme (NIS) has made significant strides in its five decades of existence, Minister of Labour, Social Security and Human Resource Development, Senator Dr. Esther Byer Suckoo, has suggested that a strategic plan is needed to guide its future development. Addressing the 28th CARICOM Heads of Social Security Meeting at Crane Resort on Wednesday, Senator Byer Suckoo …