July 14, 2022
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NIB staff vote to strike over unresolved issues
NATIONAL Insurance Board line staff voted to strike during a poll yesterday, according to Nadia Vanderpool, president of the Union of Public Officers.
$64K NIB SALARY AS MUCH AS AUDITOR’S: IDB says ‘bloated’ cost structure highlighted by average income
National Insurance Board (NIB) employees enjoy an average $64,000 income that nearly matches the earnings of the Government’s top financial watchdog due to a bloated cost structure, a study has revealed.
Call to digitise NIB and raise age of retirement
THE National Insurance Board (NIB) must be digitised and the age of retirement raised to save the fund from collapse, a top insurance executive has warned.
NIB fund hit for $190m by COVID
A $190m deficit blow-out triggered by COVID-19 resulted in the National Insurance Board’s reserves slumping to $1.54bn at year-end 2020, it can be revealed.
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